Some people might rent one place for a long time, finally finding somewhere to settle down and call home. However, most will rent only one place temporarily, continuing to rent a wide range of properties over the years. If you’re like most people, you likely have renters insurance to protect you against personal liability and ensure that your property’s contents are covered. If you have renters insurance and plan on moving soon, you might be curious whether your insurance policy will move with you. Let’s take a closer look at whether renters insurance transfers with each move and how you can begin shopping for policies with us here at Stonewall Grace Insurance in Buena Vista, VA.
Does Renters Insurance Transfer With You When You Move?
Renters insurance is tailored to meet the specific needs of the property you live in as well as the contents of your property. While you can bring your policy with you, it’s important to know that it might not simply transfer. Moving within the same building, for example, will require you to let your insurance company know which unit you’re now renting out so that your insurance company can update the information. If you’re moving away from your current building, you’ll need to update your provider with details about where your new property is, any changes in contents, and more so that they can adequately update your insurance and continue to cover you. In some cases, renters insurance won’t transfer because the provider doesn’t cover the area that you’re in. In this case, you’ll need to search around for a new insurance policy.
Find Renters Insurance With the Help of Stonewall Grace Insurance
Stonewall Grace Insurance in Buena Vista, VA, is always here to help you with your renter’s insurance needs. Whether you’re renting your first place or need a new policy, contact us now, and we’ll help you compare quotes!