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Home Insurance cancellation

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I don't know anything about home insurance so far.

If am planning to take a Home Insurance, but I wouldn't need it for long (may be 3 - 6 months).

Is it possible to take a insurance and cancel it after 3 months, or I would be tied up with a 12 month contract?.

Comments

  • trafalgar_2
    trafalgar_2 Posts: 22,309 Forumite
    10,000 Posts Combo Breaker
    What type of home insurance ,contents /buildings or both ??
  • marble
    marble Posts: 258 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Depends entirely on the insurance company. Most of them have some kind of penalty for cancelling within 12 months ... some it is £10, some you get no refund (and some give you a full pro-rata refund back). The best thing to do is to ring round and get quotes ... tell them about your plans to cancel and ask about refunds ...

    Al
  • Or 'phone/e-mail some and ask if they offer short term policies.
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