Home Insurance An Bankruptcy

worriedaboutitall

HI,
I was made bankrupt about 2 weeks ago. My partner who is not bankrupt just had her Home insurance renewal through and it states that she must tell them if someone is bankrupt who i living with her.
I have now looked at a couple of insurance companies and a few say they will not insure you if someone at your address is a bankrupt.

Can anyone tell me why this is and what companies will insure you if you have a bankrupt living with you?

Thanks,

Paul

philnicandamy

Well.. I'm with royal sun alliance more than insurance for our household contents cover & they know about my BR & i'm still allowed to keep a policy with them, the only thing I did was transfer the DD payments to another account (as the OR was closing my current acc I had)

http://www.morethan.com/

[Deleted User]

Hi worriedaboutitall
I can only really talk about our (Norwich Union's) processes and I have just spoken to a household underwriter who has confirmed that in our case we do not ask the question about bankruptcy at all... it doesn't affect our cover.

I hope this helps?

Becca

philnicandamy

beccus wrote: »

Hi worriedaboutitall
I can only really talk about our (Norwich Union's) processes and I have just spoken to a household underwriter who has confirmed that in our case we do not ask the question about bankruptcy at all... it doesn't affect our cover.

I hope this helps?

Becca

Thanks Beccus we're in the process of a renewal for our insurance & are looking around to see if we can get anything cheaper...i'll give it a try!

rog2

We were NEVER asked - our home insurance was arranged through the Halifax and has been, automatically renewed for the last ten years. As the Halifax held both our mortgage and the deeds of the house, as well as an account which was frozen on my bankruptcy, they would have been aware of my bankruptcy, and, since they never asked me, I have never felt the need to inform them.
I was, however, asked about Home Insurance at my OR interview and filled in the details on my OR form.

fiveyearplan

I am not (yet) bankrupt but I had to make a claim on my contents insurance earlier this year and remember being asked if anyone at our house was bankrupt. I thought it an odd question at the time. I should have asked if it would have made a difference to our claim but as usual I felt guilty making a claim.

NekoZombie

Endsleigh will take bankrupts.

cinnabar

Pretty certain Barclays don't ask if you're bankrupt

regularsaver1

many do not ask about bankruptcy, they do ask about convictions more so

I confirm that Halifax do not - underwriter is St Andrews

wok_boy

I don't see a problem with insurance as long as you keep up the premium payments?

philnicandamy

wok_boy wrote: »

I don't see a problem with insurance as long as you keep up the premium payments?

RSA more than said exactly the same...as long as I pay my premiums on time they've no problems...and i've just had the misfortune to claim as well..with NO increase in premiums guaranteed