A claim can arrive long after you have parted with the property or the vehicle it concerns. What matters is when the incident happened, not when the letter turns up.
Personal policies respond to occurrences during the policy period. Selling the asset does not erase the exposure.
Three things about liability that outlives ownership.
Personal liability cover generally responds to incidents that occurred while it was in force, even if the claim is made later. Someone injured on a property in 2024 can bring a claim after you have sold it, and the 2024 policy is the one that matters rather than whatever you hold now.
If your limits were low in the years you owned something, that is what stands behind a late claim from those years. Raising limits now protects you going forward and does nothing about the past, which is an argument for carrying sensible limits all along rather than only once there is something to protect.
Declarations pages from prior years are what establish you were insured and for how much. People discard them on closing, and a late claim is exactly when they are needed.
Continuity rather than a snapshot.
Gaps in past years are gaps in protection for those years.
They are what answers a claim from that period.
Worth filing rather than discarding at closing.
Tell us whether you have sold any property or vehicles in recent years.
We look at continuity, because a late claim looks at the old policy.
Request a quote