We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Tell my Car Insurer?

Do I need to inform my car insurer of my bankruptcy? I'm aware on renewal/new insurance it may come up but i'm unsure of telling an existing insurer.

Comments

  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Take a look at your original proposal form when you look out the insurance, was there a question about bankruptcy?
  • luvchocolate
    luvchocolate Posts: 3,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    mine had a no br clause so when it happened to me 3 years ago I called Aviva and as I pay for the year upfront they had no problem.
    I would call them because if you have a claim they may not payout its usually best to be upfront.
  • alltaken
    alltaken Posts: 452 Forumite
    Car insurance were fine about it (octagon). Only thing was they would ask for payment in full when renewing.
  • TheGardener
    TheGardener Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Ring them and ask - no point paying for it if they then decide not to pay out in the event of a claim. Most insurers expect you to tell them about any changes. Most seem to accept an on-going instalment but as you already know, renewal is the tricky bit.
  • alltaken
    alltaken Posts: 452 Forumite
    Sorry should have been clearer, when I called them they said it's fine just mentioned that upon renewal monthly won't be an option.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.