NOW LIVE: The Forum 'Ask An Expert' event. The theme is ENERGY. Please post your questions on bills, switches, alternative fuels etc. Our expert MSE Andrew will answer as many as possible

NFU Renewal Shock - Any other options (thatch)

DawnCBUk Forumite Posts: 27
Part of the Furniture Combo Breaker
Hi all,

Been with NFU for years and just had my renewal quote. Sticker shock would be an understatement with £400 added onto my already close to 1k premium. Does anyone know of any other insurers that can come close to this? No complaints with NFU as a whole but my house is not a listed property,I've not had a claim here and nothing else has changed. Anyone else have any luck finding some bargaining room on properties like this this?

 This house has been challenging since I bought it but it's becoming downright unaffordable with this premium rise and all the other yearly ongoing maintenance. :neutral:

Thank you


  • huckster
    huckster Forumite Posts: 4,708
    Part of the Furniture 1,000 Posts Name Dropper
    edited 11 June at 10:05AM
    Insurance costs have increased considerably, due to increased costs of dealing with claims. E.g., increased labour, materials and replacement goods costs.

    So you may not find the new NFU premium uncompetitive.

    Best option would be to contact brokers such as Towergate, Home Protect. Brokers will have a number of different Insurers they select from.

    You could try the larger Insurers such as Direct Line, Aviva and Allianz, Legal & General. 

    With thatched property risks, you normally have to speak to Insurance companies and quite often they want more information. You will probably get a better premium with a mainstream Insurers, than you would through a niche thatched property Insurance company.

    The comments I post are personal opinion. Always refer to official information sources before relying on internet forums. If you have a problem with any organisation, enter into their official complaints process at the earliest opportunity, as sometimes complaints have to be started within a certain time frame.
  • dunstonh
    dunstonh Forumite Posts: 114,249
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Everyone is up in price this year.  My NFU premium went up from £2028 to £2448.      The increase was less, pro-rata than most others and I am a typical NFU customer and cannot buy from comparison sites as they wont offer the cover we need.

    To be honest, £1000 for a thatched property is not bad.  
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • tacpot12
    tacpot12 Forumite Posts: 7,518
    Seventh Anniversary 1,000 Posts Name Dropper
    OP stated that the premium was already close to £1000, so it will be close to £1400 with the increase. Still cheaper than paying for the property to be rebuilt in the event of a fire though. 
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
Meet your Ambassadors


  • All Categories
  • 338.8K Banking & Borrowing
  • 248.6K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.7K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 171K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards