The start of the school year in September is often an opportunity to take stock of your family budget. Among the recurring expenses on which it is easy to save, multi-risk home insurance (MRH) is high on the list. Since the Hamon law (Consumer law) came into force, policyholders have benefited from great freedom: it is possible to cancel your home insurance contract at any time, without fees or penalties, as soon as the contract is more than one year old.
Simple steps to change insurance
The cancellation process has been greatly simplified by the legislator to encourage competition:
- Compare offers: Use online comparison tools or request quotes to find a contract offering equivalent or superior guarantees at a more attractive rate.
- Let the new insurer handle the steps: Once the new contract is chosen, it is your new insurer that handles canceling the old one with your former company. This saves you any paperwork and guarantees that there will be no interruption of coverage.
- Refund of overpayment: Your old insurer has 30 days to cancel the contract and refund the portion of the premium corresponding to the uncovered period.
Justify the value of your assets to negotiate caps
When subscribing to your new contract, you must declare the value of your personal property (the total value of what you own). If you underestimate this value, you will be poorly reimbursed in the event of a claim. If you overestimate it, you will pay premiums that are too high for nothing. By using SafeInventa to make an accurate inventory of your possessions, you know the exact value of your assets and you can choose the most suitable guarantee caps, ensuring you are perfectly protected at the best price.