When purchasing home insurance online, make sure to pay attention to the “house year.” This is the term is used for the standard 365-day period that your plan will cover. Then get out your calendar and mark the start date and the date your plan expires.
You want to know when your coverage ends so you can plan ahead as to whether you want to renew it, change your policy to a different one, or cancel it and switch to another provider. You don't want that date to sneak up on you and surprise you when you're not ready for it.
You should do this every time you buy or renew a homeowners insurance policy. Knowing the exact end date of your house year will give you the time to make your decisions in advance, find online insurance quotes if you are thinking of changing policies or companies, and more.
|Jennifer Mathes, Ph.D.|