Shall I renew Home Insurance in Jun if I plan to sell in Sep?

[Pilar Jin]

Hi All,

I am going to sell the house in Sep. No idea how long would it take to sell, hopefully within half year? What shall I do with the home insurance which will be expired in Jun? Shall I renew for another one year then transfer to the buyer? Or renew half year?

Thanks

Pilar

[Ryan Murdock]

Renew. Once the house sells cancel it. The buyer will purchase their own coverage.

Depending on your policy you should get a refund for some or all of the unused portion. Your insurance agent can give you the specifics.