Home insurance cancelled due to jewellery

lisyloo

I go for one of the high value policies with a single item limit of £15k.
it’s usually axa advanced via various brokers around £700.

aroominyork

Sandtree said:

aroominyork said:

So it looks like I need to bite a bullet. But I have one more question please: how does it affect a quote when I declare I have had insurance cancelled (and if I don't declare it, how do they find out)?

You haven't had insurance cancelled, you've asked for a change, they've said they won't support it and you've decided to cancel rather than get ride of the items (basically)

That's very helpful - thank you. Since I do not need to insure as much jewellery (sell some, store some elsewhere) I guess I could go back to Nationwide and ask them to reconsider, but I expect they will not change their minds.

lisyloo said:

I go for one of the high value policies with a single item limit of £15k.
it’s usually axa advanced via various brokers around £700.

Thank you. Why do you go via a broker instead of direct?

lisyloo

The simple answer is that I use price comparison sites to check the whole of market (and then do a detailed check of what’s on offer).
I used to be with hiscox (direct) but the the last few years it’s been axa advanced that’s come out well.
I do sometimes check hiscox and Nfu.
to be honest I wasn’t aware that axa had a direct selling channel, so I will check in future but there’s no guarantee they’ll be cheaper just because it’s direct (which would be intuitive).