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Insuring property from exchange

6 replies

Steala · 18/08/2020 20:06

Does anyone have any advice? I need to insure our new house from exchange, but when I've tried online, I'm asked all sorts of impossible questions, like the type of lock on every door. I have no idea - I've only been in the property twice. How do I insure without being able to check anything?

OP posts:
Isit2021yetplease · 18/08/2020 20:08

Following because I’m the exact same
Position due to exchange tomorrow and trying to get quotes but the questions are so specific. I tried to get the vendors insurance policy but haven’t managed to get a copy Just the policy number and don’t want to hold Up exchange for it

RollercoasterRaver · 18/08/2020 21:11

I just guessed most of it for both time we bought.....once you're in you can check and then call the insurer and update the details! I don't think we did for the first year but when we renewed we of course knew what we had :-)

ChocoTrio · 18/08/2020 21:11

@Steala

This may help: www.ageco.co.uk/viewpoint/insurance/when-to-take-out-buildings-insurance/

Just ask your conveyancer the questions as they should know, or can ask the vendor. Should be straightforward.

Steala · 19/08/2020 18:26

Thank you all. We are lucky to have a helpful and cooperative vendor, who helped.

OP posts:
houseofrabbits · 20/08/2020 08:17

I also wondered this, apparently you can just add it to your current building/contents insurance policy.

Justpassingtime1 · 20/08/2020 08:27

Very interested in this. My mate bought a 2nd floor flat which was
damaged when a pipe burst and the vendor was away(Xmas)
This happened after exchange and it was a real nightmare.

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