With summer almost over, many people’s thoughts are turning to moving house.
If you already have a home insurance policy, then you may want to stick with your current insurer until your 12 months is up. For example, you may have paid the full amount of insurance up front, or your home insurance company may levy a charge for cancelling your policy early.
Below you’ll find some of the main things you need to think about when moving house in terms of your home insurance cover.
- Inform your insurer
With so much to think about when moving house, it can be easy to forget all about your home insurance.
You should speak to them in plenty of time so they can make sure you’re covered for your existing home and your new home on the day you plan to move.
- Notify them of any changes
Home insurance quotes can change if you are altering your existing policy. For example, if you’re moving from a 3rd floor flat to a house, you may have outbuildings and possessions that need covered at your new home.
Home insurance quotes can also change depending on your postcode because of things like crime rates.
- Change your buildings and contents policies if they’re separate
Despite home insurance companies offering big discounts for combined buildings and contents insurance policies, not everyone has both policies with the same insurer.
If your existing policies are separate, then remember you’ll need to advise both insurers of your new address. You may be able to save money by combining these by getting new home insurance quotes, even if you have to pay one insurer a cancellation fee.
- Check your new policy documents carefully
Moving house can be a very stressful and hectic time. It’s easy to forget about checking your mail properly when you’re still knee-deep in boxes.
Home insurance is important though and a mistake on your policy could result in problems further down the line, so it’s worthwhile taking a few minutes to go through all the details.
- Compare new home insurance quotes
Even if you have decided to stick with your current home insurance company when you move, that doesn’t mean to say you should automatically renew when your yearly policy is up.
If you’re in a completely different type of property from before, you could save money by comparing home insurance quotes for your new house.0