Helpful information for Oklahomans from wheat fields to city streets.
Moving into a new home can be an exciting but busy time. As you pack up your life and prepare to sell your home in the midst of your normal schedule, thoughts about Home Insurance may not cross your mind. But, it’s important to know how to handle your policy during this time of transition. Check out our short checklist for navigating Home Insurance during a move:
The first step is to contact your current insurance agent. They will be best equipped to help you understand how your insurance may be impacted by the new property. Your agent can also determine whether you’ll be able to transfer and adjust your existing policy or if you’ll need to start a new policy for the new home and cancel your current policy for the old home.
After consulting with your agent, it’s important to keep him/her in the loop about your anticipated timeline for the move. You’ll want to share not only the dates for moving out and moving in, but also the dates for when new home ownership begins and old home ownership ends. If these dates overlap and you own two homes at once for a period of time, you’ll need to make sure both are properly insured. Your insurance agent can discuss the logistics that will ensure there are no gaps in coverage during your move.
Depending on where you move, you may have several options for getting started with coverage for your new home. You may be able to transfer your policy and make updates, start a new policy with the same company/agent, or you may have to look to a new company if you fall outside of the coverage area for your current insurer. At any rate, communication between you and your agent is critical. Your agent can set up an easy transfer or have a start or stop date scheduled for your policy.
Taking these steps can lead to peace of mind that you are properly covered during the entire moving process. Contact your OKFB agent to learn more.
The information on this website is not a contract, as it is provided for general information to explain potential types of insurance coverages. Further, descriptions do not refer to any specific contract of insurance and they do not modify any definitions, exclusions or any other provision expressly stated in any contracts of insurance. Please read actual policy documents for important details on coverages, exclusions, limits, conditions, and terms. If there is any conflict between the summary and/or information on this website versus the policy documents, the policy documents shall control. Please contact an Oklahoma Farm Bureau Mutual Insurance Company (OFBMIC) Agent to learn more about insurance coverages offered by and through OFBMIC.
Life insurance and annuity products are offered through Farm Bureau Life Insurance Company/West Des Moines, IA and are intended for residents of AZ, IA, ID, KS, MN, MT, ND, NE, NM, OK, SD, UT, WI and WY.