Home insurance company Homecall+ go bust

23 May 2011

An old boiler in need of repair

Is your house flooding thanks to all your radiators deciding to bleed at the same time? Has your boiler just exploded, sending the kitchen into next door's living room?

No matter! Just ring Homecall+ who can... oh... er... they've gone into liquidation. You've had it mate.

The Financial Services Authority (FSA) are stating that Homecall+ "must not carry on regulated activities" as it is "in liquidation".

That's right. Homecall+, who provide heating and plumbing cover, went bust on the 10th of May and no-one really got told. Don't worry if you bought insurance on or before 3rd December 2010 though, because you should still be fully protected.

Everyone else will have to hope that the Financial Services Compensation Scheme (FSCS) is dealing with the situation, although, nothing has been confirmed yet.

Moneysavingexpert decided to test the Homecall+ website today because it appears to still be active. The site was even allowed to go through a policy purchase until the payment page, but no further as they quit the application for fear of having money taken off them which, presumably, they wouldn't get back.

It seems that there's not much point trying to get in touch with Homecall+, as their lines are permanently engaged and there's a good chance your policy is now worthless.

TOPICS:   Economy   Insurance   Debt

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