SFA Insurance Frustration

[MAD Boom]

Has anyone managed to get a decent quote for SFA contents insurance?

After finishing IOT recently I contacted Towergate Wilsons who provided a 12 month free policy for kit during the course. They state that they are military insurance specialists, but wanted to charge me £370 to cover the contents of our SFA.

Can anybody suggest a decent company which charge reasonable rates for insurance on military property?

[C130 Techie]

Lived in SFA for many years and only ever had problems with Tesco Insurance who wouldn't insure us as there were no locks on the upstairs window in the quarter.

For the last 10 years have been insured with Norwich Union Direct for both quarter and now own house although I have just changed to More Than as they are much cheaper for the same cover (£220 for both buildings and contents to £75K including full accidental damage on both). (More Than don't subscribe to the compare sites)

As I see it the only difference between insuring SFA and own house is the fact that one is rented and the other is owned/mortgaged. Can't see why this should have much effect though.

Always viewed 'specialist' insurers as a 'reason to be expensive'.

[minigundiplomat]

Had Prudential and Norwich Union in the past. They all work out about £10-£12 per month.

Ensure you don't over estimate/ under estimate the cover you need.

[A good headin]

99% of house contents insurers will insure Service personnel. :)

As long as your credit rating is good at your SFA address, and your SFA is not built on the River Severn flood plain, you should just shop like a cilvilian for a good deal.

I've even negotiated a discount for being behind wire, and having regular security patrols!:ok:

Crack on...:)

[A2QFI]

I do not live in SFA but the insurance searches I have done, on the web, have not asked me if I do. Using moneysupermarket and confused, both .com
I have been quoted £108 a year by Barclays for a £95K house with a £65K rebuild cost and £40K of contents.

[MAD Boom]

Cheers for the help. The moral of the tale is to avoid the 'specialist'!!

Regards

[whowhenwhy]

Have never had a problem with Tesco's myself - in fact as I recall they're my current insurer. £120 for the year, including £2500 of sub-aqua kit away from home and I even got £30 of Tescos vouchers to spend! :ok:

[Melchett01]

Slightly different take on a similar theme -

I'm in the process of moving into my own place outside the wire, but as the possible future Mrs M still has her own place and life, I will be living in my place as sole occupier

Has anyone ever found a company/policy that will provide buildings cover for a property that is left unoccupied for more than 30 days at least once per year? I've had a look round at various sites and companies, but the 30 day clause comes into play for all of the ones I have seen. I suspect that I could ask for special cover - which would be frighteningly expensive, or just not declare it - knowing my luck, I'd get caught out the day after I leave the county!

Any one know of any good companies to go approach? I'm waiting for Towergate Wilson to get back to me, but some other quotes would be handy for comparison.

Ta muchly.

[Roland Pulfrew]

Melchy

I got mine through Kwik Fit Insurance Services. Similar position, occupied SFA but kept own house which was empty. ISTR that the only thing I had to agree to was keeping the services on and ensuring that it was heated in winter - sensible really!!

[parabellum]

Just a word of caution and I've mentioned this previously, recently I think, on this site, regarding insurance: as Underwriters will willingly tell you, "There is no such thing as a bad risk, only a bad rate", they assess a risk and set a rate and generally the entire market will follow - they are an industry, not a profession and their job is to make money. Underwriters follow the same actuarial guidelines when setting rates, so, if you find cover much cheaper than a competitor then the chances are, (99.00%), you have reduced cover, by comparison, but you have to read the small print to find it. Sorry to be the bearer of bad tidings but the only time you need insurance is when you have a claim, by which time it is too late to juggle the numbers. Fortunately most of us only get to rate an insurance company when it us paying them, the true test is when it is their turn to pay you!.