Moving Home / Insurance

[Nitefly]

Hello

I was just curious to see what people commonly do when they move home with insurance. You can either take a new policy out from exchange, or 'port' your existing policy (so I gather). Is either of these routes the 'no brainer' option, from our collective experience?

Cheers!

 

[SPG]

Depends on how much term you have left. But if going bigger its often better to start afresh.

 

[Semple]

In relative terms, home insurance + contents is pretty cheap, unless you've got some expensive named items.

 

[Royal Fleet]

Hello

I was just curious to see what people commonly do when they move home with insurance. You can either take a new policy out from exchange, or 'port' your existing policy (so I gather). Is either of these routes the 'no brainer' option, from our collective experience?

Cheers!

Phone existing company and get them to price the move. If the amount is significant price up a new policy. Also consider whether you will have any overlap.

 

[Nathan]

Changed the address online, charged 7 quid. Impressed.
360k house to 500k

 

[Nitefly]

Thanks both - called up first thing this morning and was told I'd get a 75p refund

Seemed straightforward enough so I think I'll just be doing that this time around.