Home Insurance

[Forest Gump]

Hi All
So I receive my renewal papers from Zurich and they have upped my home insurance policy from 46.26 per month to 57.36 per month!! a total of 688.32 per year
so I go on-line and get a quote for 295.31 per year from...............Zurich!! so when I ask why my renewal papers state a sum of 688.32 they inform me that my quote comes from a "new department" set up last December.
So I'm thinking great, save a few quid here, but when going through the new policy the lovely lady asks me if I have been declared bankrupt or in an IVA, so I tell the truth and say yes to the IVA, she then informs me that they cannot offer me monthly payments because of the IVA.
So now I'm stuck, I cannot afford a lump sum of 295.31 so I'll have to renew my existing policy and pay 688.32 at 57.36 per month, the reason I cna pay my existing policy over monthly payments is because it's been in place long before I entered into the IVA, but the newer, cheaper policy won't allow for monthly payments.
Surely if I missed a monthly payment they could just stop the policy? it's not like it's a loan...

[recovering]

Get more quotes! co-op let me pay monthly and lots of other firms from threads on here

[plasticdaft]

Shop around as you will get a cheaper quote with monthly payments somewhere! !

Paul

[seagulls]

We have home insurance with Aviva and have never been asked if we are in an IVA. We pay monthly .

[isseymyake]

Hi, I had the same problem with Admiral, so I shopped around and have got monthly payments with Morethan..from of comparethemarket website. Good luck[:)]

[MelanieGiles]

What a ridiculous policy for an insurance company to have - preying on good people who have taken a responsible route to repaying their debts.

At least Dick Turpin wore a mask!

[Hyperdrive]

I did the same as Isseymake, and got mine down from £670 to £170[8D]

[Shining]

It really is worth shopping around and using Quidco or similar will potentially get you some cash back too. I've never been asked the question so have never divulged the information, don't everything online and been able to pay monthly.

I'm sure you'll be able to save something in the end and pay monthly.

[MG12]

I'm with Halifax & i informed them of my IVA when renewing the policy & there wasn't a problem. I even got them to send a letter saying my IVA did not affect my policy.