When To Change Homeowners Insurance? 
Ideally changing your homeowners insurance from one carrier to another would be best on the anniversary date of the renewal of the policy . In other words , if the policy runs from 7/5/2014 - 7/5/2015 , ideally changing your policy on 7/5/2015 would be best . However , there a number of factors involved . As a licensed independent agent , I recommend reviewing your current coverage once a year with your agent to be sure you have the proper coverage . At times , carriers go through rate changes and it may be favorable to change to another carrier . Understand however , that when you change your home insurance , you should strongly consider changing you auto along with it to the same company . Most carriers offer substantial discounts for the multipolicy discount of having both home and auto coverage with the same carrier . The second reason it is best to change on your anniversary is most times your home insurance is rolled into your monthly mortgage amount through an escrow account . Whenever you do change carriers , the new carrier will have to be billed , the old carrier has to refund the escrow amount , and the new check forwarded to the new carrier . It is easiest and least confusion , if that is done at the annual period . With all that being said , if during the middle of the year you find it prudent to change your homeowner coverage to another carrier , it can be done , you just need to be aware and work with a knowledgeable agent to be sure the transition runs smoothly . 