Can I switch home insurance companies? 
Aside from possible restrictions imposed by your lender , changing home insurance companies is quite simple . There are two issues to consider , who is actually paying the premium -LRB- frequently the lender through an impound account , -RRB- and how does the current insurance company cancel policies -LRB- there are two normal techniques , pro-rata and short-rate . -RRB- It is best to secure coverage with the new company first and then notify the lender or the insurance company directly . Occasionally the losing company will require submission of evidence of insurance from the new company , however , that is easily obtainable . The lender might have a bit of a problem in that they will need to pay the premium on the new policy and that will sometimes come due prior to receiving a refund from the cancelled policy . Work with your lender on this . 