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Home insurance for a home that is in a trust

tessmurphy59

tessmurphy59 Posts: 8 Forumite

Third Anniversary

First Post

26 May 2024 at 11:46AM in Insurance & life assurance

My grandchildren’s home is in a trust for them as they have tragically lost both of their parents.
I am finding it difficult to find a reasonable home insurance because of this. The broker is charging over a hundred pounds extra in the renewal £412.66.

I would be most grateful if anyone could help. If it wasn’t in a trust I could get a policy for £150.00.

Thank you

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Comments

Keep_pedalling Posts: 20,184 Forumite

26 May 2024 at 4:45PM

Are the children living there?

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tessmurphy59 Posts: 8 Forumite

26 May 2024 at 6:05PM edited 26 May 2024 at 7:11PM

Yes one grandson is and myself.

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DullGreyGuy Posts: 17,346 Forumite

28 May 2024 at 8:58AM

tessmurphy59 said:

Yes one grandson is and myself.

So the others with an interest in the property aren't living there? Are these children or adults?

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tessmurphy59 Posts: 8 Forumite

28 May 2024 at 9:38AM

My other grandson lives with his granny and they are both children. My niece and myself are the trustee’s.
Thank you

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tessmurphy59 Posts: 8 Forumite

31 May 2024 at 2:25PM

Hi , did you have any ideas for home insurance for the trust please?

Thank you

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