You can pack anything in a box when you move, but what about your homeowner’s insurance policy? You can’t transfer it to your new home, because the size is different and it’s a two-story home, not a condo. Working with your insurer can help you wrap up coverage when you transfer title and begin your new homeowner’s insurance policy at your new dream home. A vitally important thing is to keep your policy in place until you no longer own your property. Working alongside your insurer can help make the transition of your coverage and maintain it without suffering a lapse in coverage, which would leave you footing the bill for any claims that come up prior to transferring title to the next owner. The best rule of thumb is to give your insurer notice of your move, it could give you a premium refund if you pay annually or a pro-rated amount if you pay with a quarterly or monthly plan.
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