If I miss a monthly home insurance instalment payment, will it affect my credit score?

Policy Expert is registered as a Credit Broker with the Financial Conduct Authority (FCA) and we arrange monthly instalment payments with the lender Premium Credit, subject to your credit status.
Prior to a home insurance policy being set up, we inform you that we will share your data with Premium Credit, and they may carry out credit, affordability and/or anti-money laundering checks on you. Should you miss a payment during your policy term, this may also be reflected on your credit score.
If a payment is unsuccessful, it will be re-attempted a few days later. A £25 missed payment charge will also be payable to Premium Credit, which will automatically be added to your next successful payment.
If you have any further questions, feel free to click on the 'Help' button below to start a Live Chat - a member of our team will be happy to assist you!


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