October 8, 20179 yr Hi, Site insurance due for renewal on 25/10/17. Last year a 12mth policy cost £590. This was with Selfbuild Insurance - Godalming. Policy actually with Zurich. What are others paying? Anyone with a suggestion regarding alternative brokers. Need to get the renewal done by Wednesdayvreally. Cheers CC
October 8, 20179 yr Have you started building ..?? Unlikely you will get a new supplier with a part build - it’s a bit of a monopoly out there ..!! A few have had good results with Sennocke - they are behind BuildZone.
October 8, 20179 yr Author Yes, we've been at it for 2 years now. Another year or poss 18 mths to go. Ok, if we need to stick with the existing one then fine. Thanks
October 9, 20179 yr Local brokers- Kerrs- quoted me through "Selfbuildzone.com" and they are offering cover by Catlin underwrtten by Ageas. Might be worth a try?
October 9, 20179 yr I found that I was locked in to one self-build insurer when I tried to renew our original policy. There seemed to be a bit of a scam going where once one self-build insurer has given you cover, you can't switch to another insurer; as soon as I mentioned the previous insurer I was told to renew with them and that the other companies wouldn't quote. It was either a stitch up, to keep you paying a high premium, or it was because all the companies I approached were using the same underwriter. After half a dozen goes I gave up, reluctantly paid a small fortune to renew the existing policy and vowed never to do business with Buildstore again.
October 9, 20179 yr This year I have made a successful claim (thanks to @JSHarris , @Barney12 and others) . Given that the modal price for SB insurance seems to be about £600 ish, let's try guessing what my renewal premium will be..... £800? More? Ian
Create an account or sign in to comment