Does Renters Insurance Follow You When You Move?

  1. 900 POINTS
    Frank Lombard CPCU ARM
    Insurance Advisor, Massachusetts
    It should as long as you notify your insurer of your address change and your insurance company is licensed to write insurance in that state. The premium however may be adjusted to reflect the different exposures but the basic coverage should remain consistent with that provided at your prior address.
    Answered on August 7, 2013
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  2. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    It can, of course, but you do need to let your Insurance Professional know where you are going so any necesary updates can be made. The move is a great reason to review your coverage and discuss any potential changes in exposure that may affect important elements of your policy.  Is there an alarm system in your new home?  Is your new home located closer to a fire hydrant and/or Fire Department Station than your previous place? If so, your Insurance Professional will probably be able to save you some money with discounts.
    Answered on August 7, 2013
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  3. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Yes it can and often does.  Be aware that the coverage during the move might not be what you expect.  Check your policy.  Many companies restrict recovery of personal property away from the residence.  Most renters’ policies do extend coverage to the new residence for a specified period, usually thirty days.
    Answered on June 4, 2014
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  4. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    It certainly can be very easily endorsed to accommodate your move to a new home. Your Insurance Professional should be able to help you with this so long as you are moving within the same state. If you are moving out of state, then your agent's license may inhibit them from actually providing the continual coverage, but they might be able to help you locate another licensed agent in your new state who can.
    Answered on September 8, 2014
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