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When should you cancel renters insurance?
When my lease expires at the end of the month, I am moving out of my current apartment to be with my boyfriend, who lives in another state. I’ve only contacted the utility companies, but when should I cancel my renters insurance?
Jack Walsh · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
That sounds like an exciting move! You should plan to cancel your
renters insurance
when you no longer need it. The timing varies by situation, but it’s typically a good time to cancel if:- Your lease is expired
- You’re no longer required to have renters insurance and don’t want to maintain coverage
- You now own the property
- You’re listed on someone else’s policy, like a spouse’s
Additionally, cancellation policies vary by company, so you need to contact your insurance company to cancel the policy. Most insurance companies allow you to set a cancellation date in advance, so you won’t have to worry about calling back once you speak with an agent, meaning one less thing to think about!
If you happen to need a renters insurance policy again in the future, or you want to save on other policies like your
car insurance
, you should use the Jerry
app.After providing you with a comprehensive cross-analysis of the best policies across providers, Jerry will handle the phone calls, paperwork, and renewals for your top pick so that you don’t have to. They even help cancel your old policy. So why do all that extra work when Jerry can do it better?
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- Gregory R.
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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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