Question by : Can I ever get home insurance again if a previous one has been cancelled?
About 1 yr ago I cancelled my DD for my home insurance to cut costs. My bank then said as I never told them directly they have refused my insurance policy and that I would find it difficult to get another policy. I am now looking to start another home insurance policy but they all ask the question if I have been refused before? What does this mean? As it is obviously important to have it as you never know what will happen.
Answer by kimiko
Shouldn’t be a problem; if your claims history is clean and credit decent, you should be able to find a company that will start a policy for you. You haven’t really been refused, you were cancelled for non-payment.
Don’t know what the deal is with your bank, you’d think they’d be happy to add an insurer and happier still to escrow the payment. Check out this site, if you want to find the cheapest home insurance just in one minute,
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