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Letter informing the Insurance Company the house is now rented

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  • 26-08-2009 1:04pm
    #1
    RebelGirrrl
    Closed Accounts Posts: 170 ✭✭


    I'm renting out my house and the Letting Agent told me I should write to the Insurance Company just to let them know the house is rented. I bought a new policy yesterday and obviously told them it was rented, would it still be necessary to write to them and what's the reason? Also, what exactly would you say 'just to inform you that the house is rented'.?


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    #2
    faceman
    Moderators, Category Moderators, Arts Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 16,603 CMod ✭✭✭✭faceman


    Why dont you just ask the insurance company if they need it in writing? Seems the obvious answer to me.


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    #3
    Victor
    Registered Users Posts: 78,387 ✭✭✭✭Victor


    Renting out the property could be seen as a greater risk and under uberrimae fidei you need to tell your insurer.


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    #4
    RebelGirrrl
    Closed Accounts Posts: 170 ✭✭RebelGirrrl


    I did tell them that the house was rented when I was taking out the policy though, is the letter still necessary?


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    #5
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    RebelGirrrl wrote: »
    I did tell them that the house was rented when I was taking out the policy though, is the letter still necessary?

    its an insurance company. if you have to claim you can be sure they will use everything in their power to avoid paying out.

    send them a written letter (by registered post) confirming the verbal confirmation that the house is rented and make sure you keep a copy for yourself.

    better safe than sorry


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    #6
    faceman
    Moderators, Category Moderators, Arts Moderators, Entertainment Moderators, Social & Fun Moderators Posts: 16,603 CMod ✭✭✭✭faceman


    The insurance policy will state whether the place is either used as a PPR or as a rental property.


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