We are looking at a new-build house that is in an area that is close to a river. The estate agent (who is also an insurance broker) recommended one insurance company who would insure the area. We checked this independently and they did provide a quote for the address at a fair price.
Before proceeding:
-Do we have any guarantees that there wouldn't be a hike in the premium in later years?
-Could the company refuse to insure us after a period of time (but before the mortgage is paid off)?
-Are there any other precautions we should take with regard to house insurance in this instance?
Thanks for your help.
Before proceeding:
-Do we have any guarantees that there wouldn't be a hike in the premium in later years?
-Could the company refuse to insure us after a period of time (but before the mortgage is paid off)?
-Are there any other precautions we should take with regard to house insurance in this instance?
Thanks for your help.