Yes, you can switch your homeowners insurance even if your policy just renewed. However, there are a few key points to consider. First, check your policy for any cancellation fees. Despite potential costs, the savings from switching might be worth it. If you need help understanding your policy, our knowledgeable insurance advisors at Covered can assist you at no charge.
It’s essential not to cancel your existing policy before securing a new one to prevent a coverage gap and a possible denial from insurance companies. Be sure to inform your mortgage lender and old insurance provider about the change. Also, promptly deposit any refunds into your escrow account to avoid payment delays.
The best time to explore new insurance options is before your annual renewal, but it's never too late to make a change if you missed that window. Compare coverages, premiums, and benefits from various insurers. Our goal at Covered is to help you find the right coverage at the best price effortlessly.
Ready to save by switching your insurance? Discover quotes quickly through Covered from top-rated insurance providers. If you have any questions, don't hesitate to reach out to us. It's simple with Covered – providing you protection and peace of mind. We’ve got you covered.