I need to a shower and a utility room; now I won’t go back home insurance
Last September I contacted my house insurer, Allianz, to inform them I’m having building work done. I had been converting my attached garage into a bath and utility room. I expected to be told them to wouldn’t normally cover any damage due to this work, but rather they cancelled the whole policy. It proved difficult to find alternative cover since price comparison sites work towards the belief that you’ve didn’t have insurance cancelled.
Eventually I’d been capable to secure the insurance policy with Direct Line, but the premium was around 40% above I had been paying. At the moment, when the policy ended, I approached Swintons for a better price. This triggered Axa and Legal & General both declining to insure me since i had insurance cancelled prior to now. Now i’m now being penalised for free a lot more than having building work accomplished; no claims were ever paid on the Allianz policy. MG, Inverness
You are typically in a virtuous minority and so are paying heavily for doing what’s right. Market research by uSwitch saw that only 17% of house owners notify their insurers earlier than building work. People who cannot implement it risk invalidating their policy because extension work increases the possibility of damage additionally, the rebuilding costs of the property. Allianz’s reaction was entirely unreasonable since, if needed, some insurance company simply improves the premiums when advised of extensive building work.
Extraordinarily, while i put this to Allianz it instantly decides that you just were misled. Very expensively misled. “Building work within the type undertaken by this customer would not normally result in a move to a customer’s premium and their policy might not be cancelled,” a spokesperson says. “We are extremely sorry he was presented incorrect information.”
It has recently offered you compensation, removed the cancellation from the records therefore you have no reason to declare it, and offered you “support” to get new cover.
