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Can you switch renters insurance at any time?

I’ve been with my current renters insurance company for three years. I’m thinking about switching, but I renewed my policy two months ago. Will I be able to switch my renters insurance at any time?

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s always a good idea to shop around and potentially change insurance companies as you can often save money! You have the right to switch
renters insurance
at any time, but your provider may have terms and conditions surrounding cancellations.
Even if you just renewed your policy, you still have a right to switch providers. However, some insurers charge cancellation fees or have specific terms relating to when you can cancel a policy. You’ll want to review your policy’s terms and conditions to see what your company’s policies are.
That said, most insurance companies will allow you to cancel at any time by calling their customer service department. After providing your information, you can give them the effective date for your cancellation. When switching to another company, make sure your cancellation date aligns with your new policy’s effective date.
Since you’re considering switching companies, be sure to request quotes from multiple companies before deciding. Rates and coverages vary, so you’ll want to ensure you’re maintaining the same amount of coverage when switching and saving money when switching.
If you’d rather leave the hard work of gathering quotes to someone else, use
Jerry
. The Jerry app collects quotes from top insurance companies, like Nationwide and Travelers, in seconds. They even help cancel your old policy once you’ve made your pick.
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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.

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