- Contact your insurer as soon as possible. Having overlapping policies is better than getting coverage gaps when you move.
- Do not cancel the old insurance policy until you have lost property ownership.
- You might be qualified for a refund if you paid your insurance premium in advance.
Knowing what to do with your current homeowner’s insurance policy when moving can be challenging. You won’t be permitted to transfer your current home insurance policy to your new home, so working with your insurer to close your old policy and get another insurance coverage for your new home is essential.
How does my home insurance policy change when you move?
Your old policy should be terminated immediately you move from the house or if you no longer own the property. You need to get a new insurance policy for the new home. Try to contact your insurance company before moving so that they can give you time to tie up your current coverage. They can even help you transit to a new one and help you cancel your old policy. You should reach out to your insurer to ensure no lapse in coverage.
Can I keep my current insurance company when I move?
This depends on your destination. You may be able to retain your present insurer if you move within the same state. However, this might be impossible if you are moving out of state. You need a new insurance provider because not all companies are licensed to write insurance policies in all states.
What should I do to my old policy when I move?
