Do I cancel before or after applying for new house insurance

cattie

I just need a bit of advice so I know which is the best way to do things. I have my buildings & contents insurance with Halifax & it came up for renewal on August 2nd. I had originally meant to notify them I didn't want to renew the policy, as I'd noticed if I took out a new insurance with them via their web site, I'd save about 25%. However, due to some bad news in the family I completely forgot to do this, & the policy was automatically renewed for the next year. According to the T&C you can cancel a new policy within 30 days, so I would imagine this would apply to my automatically renewed one.

I'm unsure though of what is the best way to do things. Do I cancel this one first & then apply on the web site to take out new cover. ( I'm worried they might refuse me cover if I do this ), or do I take out new cover via the web site & then cancel my existing policy?

I'm happy with the Insurance Halifax offers & it's always been a good price anyway, but to save an extra 25% would be superb.

cattie

Is there anyone out there who has cancelled their Halifax Insurance to take up the cheaper online offer & can advise? I'm a bit sad not to get one reply to my query.

dunstonh

never cancel before getting confirmation that the replacement policy has been accepted. It leaves you potentially uncovered, albeit for a very short period but you know what sods law is like....