Stupid question about rental insurance?

Question

I am living in an apt. and have renters insurance. I am moving to a house and they told me they need proof that i have renters ins. before i move it. Do i have to change the address on my renters insurance before i give them my insurance info?

In other words, does my insurance only cover the property listed, not necessaraly where i live?

i hope that made sense. thanks

Answer 1

Yes, you need to change the address on your renters insurance policy. If the insured location listed on the declarations page is your old apartment, why would you expect it to cover you at the new house? Update the contract, so you're properly covered at your new residence.

Answer 2

Call your ins agent, the one you got rental ins from.  He will have the answer.

Answer 3

It lists the address as "residence premises" which means, where you live.

You need to change your address on the renter's policy.

Answer 4

Yes, you need to go ahead and update your address. The policy refers to the "residence premises," which is where you live, and this address should be on your policy. Make the change effective the date your lease on the house begins.

However, most renters policies cover your property anywhere in the world. This will help you during the transition period, when you are moving your belongings from the old residence to the new one. Keep in mind that there might be limitations for property that is away from the residence listed on the policy. Ask your agent to be sure.

Answer 5

Renters insurance, typically, covers the contents and will cover it for up to 30 days during a move.  You will need to have homeowners insurance once you move into your new home.  When you say "they" I assume the movers wanted to make sure it was covered, but they also should have insurance that would cover it in the event they damage it during the move.  You really need to read your policy or have your agent go over it with you to make sure you are covered.

Good luck in your new home.