PriceProtect™
DriveShield™
GarageGuard™
Services
Insurance
Car Insurance
Compare Car Insurance with Jerry
Jerry’s Expert Advice
Car Insurance Estimates
Home & Renters Insurance
Renters Insurance
Loans
Car Loan
Compare Car Loans with Jerry
Jerry's Expert Advice
Car Loan Guides
Repairs
Car Repair Estimates
Repair Estimates for Popular Services
Advice
Read Car Content
Browse Jerry Car Advice
Check Out Expert Car QnA
Learn About How We Create Content
Jerry Data & Research
Can I cancel my renters insurance policy?
I’m tired of paying so much for my renters insurance; I feel like I don’t even need it and it’s so much money out of my bank account. Can I just cancel my renters insurance?
Natalie Todoroff · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
We get it, paying for something you feel like you don’t use is pretty annoying. Technically, yes, you can cancel your renters insurance policy—but keep in mind that doing so could have more consequences than you think.
Your renters insurance is more than just another bill to pay. It does a whole range of things for you:
- Protects you and your belongings. This can be from theft, water damage, natural disasters, and even bodily injuries.
- May be a non-negotiable part of your lease. Some, but not all, landlords may require you to have renters insurance as part of your lease agreement. If that’s the case, canceling your renters insurance could qualify as a breach of your lease contract.
- Provides peace of mind should things go wrong. Should the worst happen and you find yourself in a tight spot, having insurance can be an invaluable tool to get you through a crisis.
If you think canceling is best for you, contact your insurance to begin that process. Be aware that some insurance providers may stick you with a cancellation fee if you cancel before your policy is up, but they may also refund you if you paid ahead of time.
Paying too much for insurance can be pretty rough, and finding a new policy seems pretty scary. That’s where
Jerry
comes in. Jerry can help you
find the best renters insurance
right from your phone. Signup takes seconds, and Jerry users save an average of $879 a year on their insurance.View full answer
- Gregory R.
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
Join 4M+ members in lowering their car insurance
You Might Also Be Interested
Read Advice From Car Experts At Jerry
What Others Are Asking
Browse More Content
Insurance for Your Car
Insurance in Your State
Easiest way to compare and buy car insurance
No long forms
No spam or unwanted phone calls
Quotes from top insurance companies
