But do yourself a favor: Don't wait. The process isn't as
tough as it seems. Below are a few key questions to investigate about moving
and transferring insurance. They don't cover everything, but they should get
you going in the right direction.
Have you talked to your agent?
If you're happy with your insurance company, give your
agent a call. Your agent should be able to tell you whether you'll need to find
a new agent and how to transfer your policies to your new address.
What about new insurance? And transferring insurance?
Talking with an agent is the best way to find out what
you'll need to do to get new insurance or transfer your insurance to your new
address. Your agent will also help you understand insurance requirements in
your new location.
Most state laws require you to have homeowner's insurance
before you even buy a home. If you're
covered by State Farm, you should be able to get a prorated credit from your old homeowner's policy when you're signing up for a new one in a new state.
covered by State Farm, you should be able to get a prorated credit from your old homeowner's policy when you're signing up for a new one in a new state.
Are your possessions covered while you're moving?
Depending on how you've chosen to move - hired movers,
rental truck, a portable container, or DIY in the back of your old Honda - your
property may or may not be covered between the time it leaves your home and
arrives at its final destination. Some homeowner policies will cover your
property everywhere, regardless of whether it's in your home or in a moving
truck. Other policies won't cover anything once it's out your door. So
double-check your policy or call your agent.
If your own insurance policy won't cover your property,
you can get coverage through your moving company. By federal law, moving
companies have to offer supplemental insurance for your property that will
cover a set percentage of replacement costs, but you'll need to increase that
amount to get full coverage.
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