After death of Joint policy holder

Grandmajackson

My husband sadly passed away this year.  My home insurance is due for renewal will the price go up as i am now a single occupant?

elsien

It will probably go up anyway because all insurance seems to be heading upwards at the moment, regardless of number of policy holders. 

DullGreyGuy

Grandmajackson said:

My husband sadly passed away this year.  My home insurance is due for renewal will the price go up as i am now a single occupant?

Sorry for your loss. 

It will depend if your policy is bedroom rated or sums insured. The former is likely to result in a reduction because their system effectively guesstimates the contents value based on the number of rooms and number of people in the property, its likely not to make too much difference on a sums insured policy unless you can now reduce the values because his belongings have been distributed and so no longer in the property. Either way, with the movements caused by bad claims experience Home insurers have generally had it may outweigh any other changes

maman

So sorry this is worrying you at a sad time. 

I'd say that unless you've disposed of any really high value items during the past year, any increase is likely just to be because of inflation etc. High value items like paintings, for example, usually have to be listed separately. 

Try putting your details through the checker on here to see how other companies compare with your current supplier when you get your renewal notice and also check that you're not on auto renewal. 

Robin9

As above -  look at the checker.  Insurance companies seem to take long standing customers for granted.

DullGreyGuy

Robin9 said:

As above -  look at the checker.  Insurance companies seem to take long standing customers for granted.

That would be a breach of regulations now for Home and Motor, renewing customers cannot be charged more than a new customer would be for the same product by the same channel