We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Best insurers for buildings/contents cover on a previously flooded property.
sghughes42
Posts: 475 Forumite
Our house flooded back in 2017 due to a blocked culvert. At the time we were with L&G, and have stayed with them ever since as the premium stayed reasonable even afterwards - plus we were told by a broker that it's unlikely any other insurer would touch us for a long time.
Fast forward, L&G have been taken over by LV and it's obvious they don't want us as a customer. The premium went up about 30% last year, and the renewal has come through this year at about 65% higher, meaning the price has more than doubled in two years.
So, can anyone who's been in a similar situation recommend the best path to get cover on a property with a (one-off) history of flooding? All the price comparison sites just say you need to call due to the history and I don't really want to have to phone every insurer to be told they aren't interested in covering us... There must be a better way?
0
Comments
-
Try Flood Re which was set up specifically for these scenarios.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards