question category: IVA

I can't get car insurance with an IVA
Submitted on: 17th Mar 2010 by Non-Member | Total Answers: 1

I have just tried to get insured for my car and was told that because I have an IVA that the under writers have declined my application, is this standard practice, I didn't think that my credit history would be a problem while having a IVA, should I not tell an insurance company when applying for insurance?

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Re: I can't get car insurance with an IVA

If you pay your car insurance by instalment, you are setting up a credit agreement with the insurer. Usually you are paying the annual premium plus interest over 11 or 12 months. As this is a form of credit, you may find it quite difficult to get any insurance company to agree to you paying monthly.

This question has been answered by Christians Against Poverty, a leading debt charity offering hope and a solution to anyone in debt.

Submitted on: 13th Dec 2010 by TA Member

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