Separately, you may be wondering if you need to cancel your insurance and under what circumstances. As mentioned above, if you are moving to a zone where your insurance cannot be transferred, you may cancel your insurance. Of course, it goes without saying that if you are going to move into a home that you own, renter’s insurance should be traded out for homeowner’s insurance, and you would need to cancel. Canceling is as easy as reaching out to your provider and making sure that they know your decision. You do need to reach out to cancel, though. Otherwise, you risk paying premiums for a property that you no longer live in! It’s always smart to make sure that your coverage extends until the date you plan on vacating the unit to ensure against any unfortunate losses of coverage during a potential event!