IVA / Public Liability insurance

FOBSOSH

Hi I am currently in the first 6months of my IVA, I am self employed but only part time in the construction industry. One of my clients is insisting on me having Public Liability insurance which I am really struggling to get accepted for. I have now tried probably 10 companies or brokers.
Does anyone have any advice or contacts would be greatly appreciated.

National_Debtline

Hi

You could see whether Business Debtline have any suggestions as they may have dealt with clients in a similar situation.

www.businessdebtline.org

James
@natdebtline

joanneharris

My OH has completed his IVA now. While he was in it his broker had no problems with providing cover but was unable to offer direct debit. He managed to pay in full as it was less than £50 for the year. I think he found them on Google but was only the 2nd/3rd company he tried.

UpToMyNeckInIt

Try 'Hiscox'. That's who I use for my EL & PL insurance.

FOBSOSH

Thanks for all the reply's, I was eventually offered PL cover up to £2 million for approx £400 for the year from Arthur J Gallagher Ins Brks Ltd. The actual Insurance company is Allianz.
The general feedback was that the difficulty was because I had only just gone into the IVA.

dominicthm

I am 4 years into an IVA.
Myself and my wife have started a small vending franchise hoping to save some cash long term for the kids to go to university.
Had a nightmare getting liability insurance but was offered cover through two brokers:

insurable - very helpful and quoted £275

saleinsurance - also very helpful and quoted £355

Both these sites deal with IVA, bankrupts and people with convictions.

I hadn't realised that this would be a problem, even now I am struggling to understand how been in an IVA and having my finances under control makes me more of a risk for liability insurance.

Hope this helps anyone looking for this type of cover in the future.