Home Insurance Discussion

Doc_N

KrzyKat wrote: »

Hi

I am trying to sort out house insurance as its due for renewal but I'm currently working abroad which means my house is empty except when I get a flight home every 5 weeks for the weekend.
How would this be classified by the insurance companies? Unoccupied, just normal, holiday or something else?

Thanks for the help

KrzyKat

Each company will have its own terms on dealing with absences, but you may find there’s a hefty additional premium, along with cover restrictions, for absences in excess of a month or so.

Rich2808

Hometinker wrote: »

[FONT=&quot]Following the MSE cheap home insurance search I tried the Age Co listed with an apparently Hot deal of £75 M&S voucher. Its a lot of a discount but gets dwarfed but exceedingly high quotes.[/FONT]
[FONT=&quot]With the quote from them £300 !!! higher than my current renewal (like for like) no voucher would persuade me to go with it.[/FONT]
[FONT=&quot]Shockingly high quote so hope the £75 voucher will not give an impression that you might get a good deal there.
[/FONT]
[FONT=&quot]Hope this might save someone some time
[/FONT]
[FONT=&quot] [/FONT]

I did a similar quote for my elderly mother who is in her 80s.

Her quote from Ageco - for a slightly worse policy than her current insurer (who offer £1m buildings cover whereas Ageco only offer a maximum of £500k) - was more than double her renewal quote. A whopping £550 higher!

Absolutely shocking - for a company that markets itself as offering lower premiums for elderly people. So she won't be taking advantage of the £65 M&S voucher either!

SimbaSimon

Hi All,

I'm in the process of buying a new house and need to have insurance cover in place on exchanging contracts, as I'll also need to cover the existing property until we move out it looks like I need two insurance policies. The company I am with QuoteMeHappy doesn't provide temporary house insurance when moving and simply mentions you may want to cancel your policy if you need that.

So the question is, can I get a second insurance product on the new house using my same no claims bonus that is currently in use on my existing property?

Alternatively I think I can get a second insurance on the new house without no claims bonus, then when I move transfer the old policy to the new house and cancel the newly purchased insurance that would then be redundant.

Any ideas?

davidwatts

SimbaK2K wrote: »

So the question is, can I get a second insurance product on the new house using my same no claims bonus that is currently in use on my existing property?

You're confusing how car insurance works with how home insurance works! There's no such thing as a no claim bonus that you can move from one insurer to another for home insurance. Home insurers may or may not offer a specific no claims bonus/discount or they might just take your claims experience into account as part of their pricing.

It's not an issue, so just get the quotes you need for the new property and go for the one that comes at the best price (whether with or without the benefit of a no claim discount) and meets your needs in terms of cover.

EasyLay

I'm currently looking at home insurance. One of the questions I'm asked about is how many years I haven't claimed for. I tried to claim for a stolen smartphone a few months ago but the insurer disputed the claim and said I was no longer covered (as they had dropped the gadget insurance from my policy a few months earlier - which is another story altogether).

My question is; would this still count as a claim? I was essentially claiming for something I was no longer covered for under my policy so of course received no money.

Quentin

To be on the safe side ask your chosen insurer before you buy. Home insurance is not something you want to risk being voided at the time of a claim!

The question asks about claims ( not "successful" claims)

If they give you the answer you want then ask them to confirm the conversation back to you in writing

Doc_N

Certainly the question relates to all claims and not just successful ones.

Some insurers are now taking that even further and penalising customers just for asking whether a claim can be made for something. Their line is that something has happened which might make the customer a riskier prospect, and it’s difficult to argue with the logic of that.

Topcat_222

We currently live in a mortgaged property and have done so for five years. We have to prove our insurance to our leasehold owners every year thus paying £2.50 in ground rent each year. This is all fine as these are the terms of the lease. My question is are the lease holders allowed to determine who we insure our house with each year? We have asked neighbours who have the same lease owners as us, but have recently discovered there are not bound by choice. Our lease owners are the Compton group and have stated we must be underwritten by zurich. Although zurich are no longer taking new customers , we have to use a broker. How do we even find out who the zurich underwrite to. Also would we have a case to complain as our neighbours insure freely. Any help would appreciated. TC

DavyP

Hi, I’ve just moved into my partners house and she’s keeping very quiet about her contents insurance just saying she’s got about 20k worth of cover. My issue is that my stuff is currently insured for 85k and to be honest 50k would cover it. She won’t budge or give me her policy to read. For piece of mind I’m close to moving my valuable kit into storage and insuring it there. Anyone know if you can have 2 different contents policies at the same address. To be brutally honest her and my stuff are as different as night and day so there would be no issues identifying who owns what.

Thank

davidwatts

Move out now, there's definitely something odd going on if she won't discuss such a trivial subject with you openly! The normal and correct thing to do (for a couple living together) would be to have one policy in joint names that provided an adequate level of cover for all your possessions. I suppose you could take out a policy in your name but there would be a degree of dual insurance there which could get messy in the event of a claim.