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 Can I get monthly insurance for my car if I am br?

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T O P I C    R E V I E W
care2 Posted - 20 August 2009 : 22:04:12
Can I get monthly insurance for my car if I am br?
4   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 21 August 2009 : 09:43:43
I had to pay my insurance up front this year as the Co-op credit checked me and obviously I failed. It didn't really matter though as it was so much cheaper than Churchill - I saved nearly £150.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

25 IPA payments made, 11 to go - on the home straight!
Housing Posted - 21 August 2009 : 09:29:50
Hi Care 2

Most people, BR or not, pay by monthly instalments - should not be a problem for you

Richard

"There are no problems - only solutions..."
Jane.l Posted - 21 August 2009 : 09:26:27
I had no problems, I pay mine monthly, they did not ask about bankruptcy
gettingoutofdebt Posted - 21 August 2009 : 07:20:21
You are obliged to tell creditors if you are obtaining credit of more than £500 when BR so if your yearly insurance cost is more than this you will have to tell them.

Some insurance companies will check the insolvency register and do a credit check so the chances of them accepting you for monthly repayments is slim.

I don't have any experience of paying monthly for car insurance when BR but I am sure others do and will let you know if they have done this with any companies.

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