Why is it hard to find insurance with criminal convictions?

It’s the case that many insurers are wary of insuring people with unspent criminal convictions. There is sometimes a feeling amongst insurers that this represents a much higher insurance risk and as such a blanket ban can be applied by some insurers, others will simply charge a lot more.

However despite the insurance market’s seemingly over reaction to this, and failure to acknowledge people can learn from their mistakes, you still need to ensure that you disclose your convictions. If an unspent conviction or even bankruptcy is not disclosed, then the insurer can void your policy from the beginning and you might not get any of your money back.