Home insurance running out a month before i move house. What is the best thing to do?

davidbryce

Hi all,

I am moving house in October and my home insurance runs out at the end of August. I am just wondering if its generally better to get a short term buildings insurance to cover the time period, or just get a normal annual buildings insurance and transfer it when i move (if that is even possible?).

I have read some conflicting advice online so thought i would try on here.

Thanks
David

Blondetotty

Try Ageas Elastic. It's a monthly policy with no yearly tie in so you can take one out and just cancel when you sell and start afresh at your new place. I will confess I'm not sure what would happen with a no claims discount though so you'd need to check that.

foxy-stoat

Yes you can transfer once you move, like car insurance.

pinkteapot

foxy-stoat wrote: »

Yes you can transfer once you move, like car insurance.

That's what I've always done. May not be the cheapest insurer for the new property but I shop around the following year. There's enough else to be worrying about when moving house!

System

Remember you need insurance to start the moment you exchange contracts, not when you move in.

tacpot12

Find an insurer with a reasonable cancellation fee. Take out the insurance for the full year, and cancel it when you no longer need it. Bear in mind that there might be a delay in exchanging contract or completion that needs you to extend your insurance so having it run for the full 12 months could avoid a further expense if there are any delays.

penny_less

We moved house a couple of weeks ago and had this problem. Our insurance ran out 4 days before we moved. I also had to insure the new property from exchange of contracts, so couldn't move one policy between houses, as I needed two policies at the same time. I chose to insure with the co-op as they don't charge a cancellation fee and it ended up costing me £1.87 for the extra four days.

DCFC79

pinkteapot wrote: »

That's what I've always done. May not be the cheapest insurer for the new property but I shop around the following year. There's enough else to be worrying about when moving house!

Just easier, might not even be much of an increase anyway.