Home insurance due but getting ready to sell.

Is there anyway I can recoup some of the money I'll be paying for my policy or is an annual renewal a sunk cost if you sell 3 months in?

Comments

  • twopenny
    twopenny Forumite Posts: 4,609
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    You need to be covered while selling.
    When I moved I just phoned my insurers and after questions about my new house, they adjusted the price, details as part of the same policy.

    The only normal people you know are the ones you don’t know very well

  • MattMattMattUK
    MattMattMattUK Forumite Posts: 7,264
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    Adamc said:
    Is there anyway I can recoup some of the money I'll be paying for my policy or is an annual renewal a sunk cost if you sell 3 months in?
    You would get a pro-rata refund, minus some admin fees, you can likely transfer the policy to your new home. Overall the cost of the admin fee/transfer would be trivial compared to the costs associated with moving. 
  • Adamc
    Adamc Forumite Posts: 429
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    Adamc said:
    Is there anyway I can recoup some of the money I'll be paying for my policy or is an annual renewal a sunk cost if you sell 3 months in?
    You would get a pro-rata refund, minus some admin fees, you can likely transfer the policy to your new home. Overall the cost of the admin fee/transfer would be trivial compared to the costs associated with moving. 
    Going to be renting for a while till we know the area and the job is a good fit. 
  • lincroft1710
    lincroft1710 Forumite Posts: 17,019
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    You may not sell for 9 months.!


    Just renew your policy as normal (and don't forget to negotiate the renewal premium) and wait until the house is sold before worrying if you can get a pro rata refund. When I say "sold" I mean when the house actually changes hands.
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
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