Various reasons can push us to change home insurance. A move, a marriage or simply the desire to find a contract more suited to our needs and with lower contributions. But how to change insurance and when is it possible to do so? Answers in our guide.
Changing home insurance: the laws to know
Originally, it is possible to anticipate your change of insurance thanks to the Chatel law of 2005. This law stipulates that insurers must warn the insured of the possibility of not renewing their contract, at the earliest 3 months and no later than 15 days before the termination deadline. This is in order to put an end to the abuses that were practiced in the context of the tacit renewal of insurance contracts.
Since the Hamon law of 2014, it has never been easier to change home insurance. You can terminate your comprehensive home insurance (MRH) contract whenever you want from the anniversary date of the subscription, without any penalty. In addition, your new insurer takes care of the termination procedures.
Can you change home insurance during the year?
If you wish to change your home insurance, you have two choices: change your insurance at any time after the first year of taking out your contract, or change it during the first year.
After 1 year
Thanks to the Hamon law, you can change home insurance at any time beyond the first year of the contract. The advantage of this law? The procedures are simplified: you do not have to provide proof to support your change of home insurance, and if you request it, your new insurer will take care of canceling your old contract for you.
Before 1 year
You can also change home insurance during the first year in certain situations. Indeed, it is possible to end your contract during the year (excluding expiry) before 1 year if certain conditions are met, for example if you experience a change in situation or your contributions increase without justification.
What is the reason for canceling home insurance?
The change of situation
Changing your home insurance at any time before 1 year and without financial penalties is possible! To do this, it is necessary to be able to justify a change in situation having consequences on the level of risks. So what do we mean by change of situation?
- moving ;
- a marriage ;
- a death ;
- a professional transfer;
- a loss of professional activity;
- disability;
- retirement, etc.
To do this, you must send a letter canceling your home insurance by registered mail within three months following the date of the event. The guarantees end 30 days after receipt of your termination letter. The insurer must then reimburse you for the part of the premium corresponding to the period during which the risk did not occur.
Change your home insurance following the termination of another contract. Few policyholders know this: if your insurer decides, unilaterally, to terminate one of the insurance contracts (car, school insurance, health, etc.) that bind you, you have the right to terminate without costs and unconditionally your other contracts with this insurer.
Changing home insurance can be synonymous with new moments in life, and therefore new needs! Selectra helps you identify the best home insurance for people over 55 thanks to its 2023 ranking of the best senior insurance.
The increase in contributions
If your home insurance premium has suddenly increased without this being justified (absence of claim, etc.), you can cancel your contract free of charge and at any time. The increase in the price of home insurance without justification allows you to change home insurance without notice and costs.
You will then request the termination of your home insurance by registered letter with acknowledgment of receipt. Your coverage will end 30 days after receipt of your letter.
Attention ! If you suddenly change home insurance during the year (moving, getting married, etc.), anticipate and compare the home insurance offers on the market in advance. The danger would be to be unprotected while you find a new insurer!
How much notice to change home insurance?
Since the Hamon law, no notice is required if you change home insurance once the first year has passed. This law was developed with the aim of promoting the change of insurance and freedom of choice for policyholders.
The same goes for changing home insurance during the year. There is no notice to consider if you can justify a move, a divorce, an increase in contributions, etc.
⚠️ Pay attention to the waiting period. If you do not anticipate enough to take out your new contract, you will not be covered in the event of a claim. This would be even more problematic if you are tenants or co-owners, because home insurance is compulsory.
Can you change home insurance with a claim in progress?
Changing home insurance while you have a claim in progress is entirely possible. However, you must justify your termination as we stated above (divorce, moving, termination of an auto contract, etc.). Your insurer cannot stand in the way if the documents you provide attest to your change in situation.
Attention ! If you suffer repeated losses and these result in large compensation, your insurer may decide to terminate your home insurance contract. In this case, the termination of your contract will take effect 1 month after notification from your insurer by registered mail.
What documents must be provided for a change of home insurance?
You will not be able to change home insurance if your contract termination file is not complete enough. Regarding changing during the year, any evidence is welcome to support your change of insurance. A marriage contract, divorce contract, employment contract, pay slip, death certificate or your letter of dismissal can constitute your file with your insurer.
If you wish to cancel directly after having justified your change of situation, your new insurer can take care of it! After finalizing the subscription to your new contract, all you need to do is attach the following documents:
- your contact details (emails, telephone number, etc.);
- your insurance number;
- the number of your old contract;
- the identity of your former insurer.
Change home insurance to get a better deal
Changing home insurance also means finding better home insurance. What’s the point of changing if your monthly contributions are more expensive or if your new contract does not cover your needs. Before even changing contracts, we advise you to compare the offers in several ways.
- Use our home insurance comparator: The more quotes you make, the more you will be convinced that your change of contract is the right one. You will be sure to have found the cheapest home insurance according to your needs.
- Call a Selectra advisor by dialing 📞 01 86 26 53 41. This is ideal for changing home insurance! In addition to comparing your old contract with the new offers on the market, you will benefit from the advice of an insurance expert who will direct you to the offer that suits you best.
2023-10-07 21:30:52
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