Home Insurance (With Lodgers)
Posted: February 27th, 2024, 3:30 am
I thought there were some new rules restricting insurers from quoting low to win business, then excessively jacking up the premium at renewal time?
However, LV have increased my home insurance by 49% from the initial quote to renewal.
I have never made a home insurance claim, so there should be no material change from my side.
I find home insurance is very inconvenient. I have lodgers, so the number of insurers is limited.
Then certain providers have unreasonable conditions, such as requiring me to inform them every time the number of people in the house changes. I just expect to insure the worst case condition and be done with it.
However, LV have increased my home insurance by 49% from the initial quote to renewal.
I have never made a home insurance claim, so there should be no material change from my side.
I find home insurance is very inconvenient. I have lodgers, so the number of insurers is limited.
Then certain providers have unreasonable conditions, such as requiring me to inform them every time the number of people in the house changes. I just expect to insure the worst case condition and be done with it.