Home insurance for unusual house
Discussion
Had some trouble with ours a few years back and been with M&S bank, of all people, for a while. Although their price kept going up, it was still competitive when we did quick comparisons. Early 1700's stone house in Wales. They have a fairly simple £1m rebuild/ £100k contents scheme we were on.
This year it jumped from £600-odd to a just over a grand. We sat down and did a proper cost-to-rebuild and value-of-belongings (turns out we've not got much very expensive stuff, but we've got a LOT of stuff altogether!) and realised the scheme above maybe didn't quite cover us on either. A lot of quotes on the full values were coming in at £3000+ !!! (and tbf, a lot were on £1m/£100k, too).
So I rang M&S and asked about the "premier" version with unlimited limits on rebuild and contents.... an extra £100, £1140 all in IIRC. Absolute no-brainer looking at the rest of the quotes... so might be worth a look: https://bank.marksandspencer.com/insurance/home-in...
This year it jumped from £600-odd to a just over a grand. We sat down and did a proper cost-to-rebuild and value-of-belongings (turns out we've not got much very expensive stuff, but we've got a LOT of stuff altogether!) and realised the scheme above maybe didn't quite cover us on either. A lot of quotes on the full values were coming in at £3000+ !!! (and tbf, a lot were on £1m/£100k, too).
So I rang M&S and asked about the "premier" version with unlimited limits on rebuild and contents.... an extra £100, £1140 all in IIRC. Absolute no-brainer looking at the rest of the quotes... so might be worth a look: https://bank.marksandspencer.com/insurance/home-in...
Check your rebuild cost.
We bought our house three years ago…surveyor did a rebuild cost valutaion for us as part of the building survey. House was built circa 1870…some period features but nothing crazy.Last year insurance company came and assessed the house themselves (for free) as it had crossed a valutaion threshold. It is now insured for 25% more than it was when we bought it three years ago…because of the increases in building costs in three years. Previous owners had it insured for 50% of what we insured it for in ‘21…if they’d had a claim they’d have had a very nasty surprise.
We bought our house three years ago…surveyor did a rebuild cost valutaion for us as part of the building survey. House was built circa 1870…some period features but nothing crazy.Last year insurance company came and assessed the house themselves (for free) as it had crossed a valutaion threshold. It is now insured for 25% more than it was when we bought it three years ago…because of the increases in building costs in three years. Previous owners had it insured for 50% of what we insured it for in ‘21…if they’d had a claim they’d have had a very nasty surprise.
Edited by Cheib on Monday 6th May 07:15
Our place was built in 1826, is grade 2 listed, 2 meters from a water course and of clay cob construction - it’s always a pain to insure. Most websites don’t even list clay cob as a construction type. We just started a new policy with Acorn Insurance who were able to quote and provide a competitive rate
bobtail4x4 said:
the last few years we have had problems as for some reason they don`t like to cover anything with over an acre of land???
the field wont catch fire or be stolen, go figure?
Current and previous house both have land in excess of that, it has never been raised as an issue.the field wont catch fire or be stolen, go figure?
Have you asked why it is an issue ?
Cheib said:
Current and previous house both have land in excess of that, it has never been raised as an issue.
Have you asked why it is an issue ?
Same here, we've never even been asked how much land we have even during quite a large claim a couple of years back. (It's quite obvious to anyone visiting that there's more than an acre here.) Have you asked why it is an issue ?
Cheib said:
bobtail4x4 said:
the last few years we have had problems as for some reason they don`t like to cover anything with over an acre of land???
the field wont catch fire or be stolen, go figure?
Current and previous house both have land in excess of that, it has never been raised as an issue.the field wont catch fire or be stolen, go figure?
Have you asked why it is an issue ?
Chubb via a decent broker will cover you.
We used to use Hiscox but they became hard work with annual visits etc. Chubb via a local broker are zero hassle and allegedly pay out with zero issues.
We have our cars on the same policy and they didn't even charge for ramapping the Up and the Van.
We used to use Hiscox but they became hard work with annual visits etc. Chubb via a local broker are zero hassle and allegedly pay out with zero issues.
We have our cars on the same policy and they didn't even charge for ramapping the Up and the Van.
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