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Can I cancel my renters insurance?

I’ve been living alone for about a year, but I’m planning on moving back in with my parents to save some money for grad school. I have renters insurance and I just renewed my policy last month. Am I able to cancel my renters insurance?

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Claire Beaney · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Moving home is a great way to save money (and get some free home-cooked meals).
You can cancel your renters insurance at any time, but check your policy to see if there are any cancellation fees.
If you paid your policy in full, you’ll likely be eligible for a refund for any unused coverage. If you’re paying for your policy monthly, you won’t receive a refund as you’ve already used the coverage.
Most companies allow you to cancel online or by phone. Since cancellation processes vary from insurer to insurer, you’ll want to reach out to your company to confirm the process.
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