Do I inform IP of massive flood ? We will have to replace everything with insurance claim.

[joannadav]

iva last year and have just had a massive flood from the water companys drains not allowing for the intense showers we had last monday we have insurance and have had to claim but do i have to inform my iva company as have got to replace basicvally everything with the insurance claim

[orchid5]

Hi Joannadav so sorry to hear of your bad fortune with regards to the flooding of your home, I would keep your IP in the loop but as it stands you will be replacing new for old because of this misfortune, good luck and best wishes.

[winter_blues]

Does the insurance company know of your IVA?. Be careful on that front as its in their terms and conditions for an increasing number of insurance policies.

[joannadav]

Im sure idid but not positive so not too sure :/

[Shining]

Just inform your IP of what's happened and your payout will replace your losses so all should be fine. Don't mention the IVA at all at this stage just be aware when renewing. Don't worry x

[joannadav]

Yes think thats the best plan

[MelanieGiles]

Always best to keep your IP informed of all major developments - a quick e-mail advising them of recent events should be sufficient.

[joannadav]

Im worried now the insurance guy came out today and looked over the flood claim he asked few question about any ccjs or bankrupcy I answered no to these he didnt mention iva and neither did I should I have done? I remember mentioning it to kwickfit as they asked what is it.

[winter_blues]

If you answered his questions honestly and informed Kwik fit when the policy was taken out then I wouldn't worry.

This is an area that has been discussed before on this forum - whether to inform insurance companies of our IVA's. it's like other things in life that its ok until a large claim is submitted then loss adjusters look into things with great detail.

My home policy stipulates that if any information is withheld then it can nullify the claim. A " material omission".

That was why I made the earlier post about being careful. Have you spoken with your I.P about this yet?. By informing them early on that will at least show that you have sought advice. Try not to worry I'm sure things will be fine and keep us posted.

[MelanieGiles]

Your insolvency should not invalidate your insurance claim joannadav, so long as you correctly disclosed the IVA if you were asked to.

[joannadav]

I've emailed and told my relationship manager everything from what has happened to what was said by the insurance guy and where I had informed kwickfit etc so just wait to c what she says

[joannadav]

Thankyou all for your help I'll keep u posted x

[luluj]

Sure it will be fine ... You answered honestly to the bankrupt and CCJ question so should be fine.

[Shining]

I too believe you answered honestly so here's hoping you receive some news about your claim very soon and are able to get yourself sorted. x

[joannadav]

Had an email back off ip stating to check my policy booklet but she did also state that If there was a problem then I can ask for a payment holiday or I could also phone them up and tell them about the iva but like I replied I already informed kwickfit so will wait and see :/