What must be disclosed when applying for household insurance?

When applying for household insurance, it is essential to disclose any relevant information that could affect the insurer's decision. This encompasses a wide range of details, including prior claims, any existing damage or conditions in the home, or additional risks associated with the property. Insurers rely on this information to assess the risk profile and determine appropriate coverage and premiums. Failing to provide comprehensive information could result in issues with coverage during a claim or even lead to the policy being invalidated.

The other options do not encapsulate the broader scope of what needs to be disclosed. Personal credit score, while potentially relevant in some circumstances, is not the primary focus for household insurance applications. Limiting disclosure to only existing home conditions overlooks other critical factors the insurer needs to evaluate properly, while learning about neighbors’ insurance policies is generally irrelevant to the individual application and does not directly impact the insurer's decision regarding a specific property.