What happens if I move to a new home?
When you move to a new home, your home + auto bundle discount can transfer to your new home policy, but your rates and coverage will be reassessed based on the new location and risk factors.
Your trusted Colorado and Utah insurance advisor, ensuring peace of mind through every move.
Complete Guide to Keeping Your Home + Auto Bundle When You Move
Why This Question Matters for Colorado and Utah Residents
Moving homes across Colorado or Utah often triggers a full reassessment of your insurance bundle—potentially impacting your premium costs, deductible structures, and even your eligibility for key discounts. With over 95% retention rates for bundled policies and average bundle savings of 11–26% in Northern Colorado and the Wasatch Front, it’s essential to know how to protect your discounts and avoid coverage gaps during a move.
- Regional weather risks (hail, wildfire, floods): Areas like Fort Collins face heightened hail claims (average roof replacement costs $17,000+), while Utah’s wildfire zones require specific coverage.
- Premium and deductible changes: Moving even a few ZIP codes can mean different premiums or deductible structures—especially for hail or wind claims, which are often subject to percentage-based deductibles (1–2% of dwelling value).
- Coverage eligibility and carrier policies: Some insurers may restrict new policies in high-risk areas after major storms or fires, even if you’re an existing customer, making early communication with your agent critical.
What Most People Get Wrong
Misconception #1: Many believe their premium and deductible will stay the same if their bundle discount remains. In reality, the location, construction, and value of your new home, plus local risk factors, often cause adjustments in coverage details and costs.
Misconception #2: Some assume their insurance automatically updates with their move. However, unless you proactively contact your agent, you risk gaps in coverage or accidentally invalidating your bundle discount.
The Complete Picture
When you move to a new home in Colorado or Utah and take your bundle policy with you, here’s what happens:
Your bundle discount is typically portable as long as both home and auto stay with the same carrier—but the actual discount amount and premium rates are recalculated for your new address and property details. For example, moving from Boulder to Loveland may increase your hail deductible or require a switch to actual cash value (ACV) roof coverage, as 70% of Colorado carriers now apply ACV on older roofs.
Your coverage limits, deductible structure, and specialty riders (such as for wildfire) will be reviewed to ensure they fit your new home’s risk profile. It’s also the perfect time to inventory belongings, confirm vehicles garaged at the new address, and consider umbrella liability or scheduled property additions.
Action step: Contact your FoCoIns advisor before your move. Share your new address, property specs, and move-in date. Your advisor will:
- Initiate reassessment to prevent any lapse in protection
- Update premium estimates based on new risk factors
- Help you compare bundle options—sometimes, your move may qualify you for better discounts or more comprehensive local carriers
With proper planning and expert advice, you’ll maintain your bundle’s advantages and adapt your coverage to your evolving needs.
Making the Right Decision for Colorado and Utah Residents
Question 1: What risks are unique to my new location?
Moving from one part of Colorado or Utah to another can dramatically change your property's exposure to hazards like hail, wildfire, or theft. Consider these factors:
- Front Range (Loveland, Fort Collins, Boulder): Hail claims and percentage-based deductibles
- Foothills and mountains: Wildfire risk may require higher limits or specialty endorsements
- Urban moves (Denver, Salt Lake City): Population density affects liability and theft risk
Question 2: How and when should I update my insurance bundle?
Contact your agent as soon as you finalize your new address—ideally 2–4 weeks before closing or your move. This ensures the home policy activates on move-in (preventing coverage gaps), and vehicles are listed at the correct address. Ask your advisor to:
- Reassess dwelling and auto coverage for new location risks
- Compare available carriers and bundle discounts in the new ZIP code
Question 3: Will my bundle or carrier still be the best fit after I move?
Premiums, discounts, and policy options vary by neighborhood, city, and even block. This is a chance to:
- Compare net savings of your bundle with other carriers now serving your area
- Ask about deductible changes, especially for weather (hail, wind) or wildfire endorsements
- Take a fresh look at your liability limits and specialty coverage as your life circumstances and exposure change
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Real World Examples
Moving from Loveland to Fort Collins: The Hail Zone Premium Shift
Background: Sarah and James, long-time Loveland residents, bundled their home and auto for years, saving $620 annually. When they relocated to Old Town Fort Collins, they expected their coverage and rates to transfer unchanged.
Coverage: State Farm home + auto bundle (previously $2,991 home/$1,906 auto, 26% discount)
Monthly Premium: $322/month ($3,864/year after reassessment)
The Incident: Two months after moving, a severe hailstorm caused $19,000 in combined roof and vehicle damage. Their deductible increased from $1,000 (flat) to 1% of dwelling ($3,800) once they moved, based on new risk zoning in Fort Collins.
Total Claim Cost: $19,000 (roof: $15,500, car: $3,500)
Sarah & James' Cost: $3,800 (1% hail deductible for home, $500 auto deductible)
"We didn’t realize how hail risk in Fort Collins changed our deductibles. Luckily, FoCoIns walked us through the changes before storm season so we weren’t caught off guard."
Salt Lake City to Park City Move: Wildfire, Premiums, and Policy Review
Background: Megan moved from a Salt Lake City suburb to Park City, upgrading from a modest home to a larger mountain property. She kept her home + auto bundle with the same national carrier, assuming benefits and costs would remain similar.
Coverage: Farmers Insurance bundle (Park City: $5,824 home/$3,146 auto, 22% bundle discount)
Monthly Premium: $744/month ($8,928/year)
The Incident: That summer, a wildfire evacuation forced Megan to leave for five days. Her bundle included loss-of-use coverage for both her home and car, but the wildfire endorsement required an extra premium in her new ZIP code.
Total Claim Cost: $3,200 (hotel, meals, out-of-pocket evacuation expenses covered by policy)
Megan's Cost: $0 (after $1,000 deductible, all out-of-pocket was reimbursed)
"My FoCoIns advisor caught the wildfire gap before I moved, so I spent nothing during the evacuation. That review saved me more than I realized."
Denver to Boulder: Adjusting to Higher Premiums for Peace of Mind
Background: Mark, an empty-nester, moved from Denver to Boulder for a job at the university. He bundled with Allstate in Denver for years, saving $515 annually.
Coverage: Allstate bundle (Boulder: $2,918 home/$2,873 auto, 11% bundle discount)
Monthly Premium: $487/month ($5,844/year after Boulder reassessment)
The Incident: Mark's new address qualified as a higher theft risk area, increasing his auto insurance rate and requiring a separate endorsement for a finished basement prone to flooding. After a water backup, he filed claims on both home and auto. His agent’s proactive review meant his increased premiums were offset by customized coverage that handled both incidents seamlessly.
Total Claim Cost: $16,700 (home water: $13,400, auto theft: $3,300)
Mark's Cost: $2,500 (home deductible: $2,000, auto deductible: $500)
"The move raised my premium but getting expert bundle help protected me when disaster struck twice in one year."
Avoid These Common Mistakes
Mistake #1: Waiting Too Long to Notify Your Insurer When Moving
What People Do: Wait until after closing or even after move-in day before updating their address and home details with their insurer.
Why It Seems Logical: People assume coverage will simply "roll over" since they’re staying with the same carrier and keeping their bundle.
The Real Cost: A delayed update can cause a coverage gap, invalidate discounts, or lead to denied claims—potentially costing thousands if an incident occurs while your policy details are outdated. In some Colorado and Utah cases, late notification can cancel your bundle, especially in high-risk hail or wildfire zones.
Smart Alternative: Always contact your FoCoIns advisor before your move is finalized. This ensures seamless transfer, proactive reassessment, and uninterrupted bundle discounts.
Mistake #2: Assuming Your Bundle Discount Guarantees the Same Premium
What People Do: Expect that their overall premium and coverage details will remain unchanged just because the bundle discount still applies.
Why It Seems Logical: The "percentage discount" headline can be misleading—people think their cost will only go down or stay flat.
The Real Cost: Premiums and deductibles often increase in higher-risk ZIP codes (e.g., Front Range hail corridor, wildfire-prone Utah areas), sometimes adding $1,000+ in annual costs or shifting deductibles from $1,000 to 1–2% of dwelling value. Missing this change could mean surprise expenses during a claim.
Smart Alternative: Ask your advisor to walk you through scenario-specific costs at your new address—especially hail, wildfire, and liability.
Mistake #3: Not Comparing Carriers or Bundle Options After Relocating
What People Do: Stay with the same insurer out of habit, without shopping or reviewing available bundle offerings in the new area.
Why It Seems Logical: Loyalty discounts and a desire for "no hassle" make switching seem unnecessary, especially if you’ve had good past service.
The Real Cost: Regional rate differences, carrier risk policies, and local discounts mean failing to compare could cost $300–$1,200+ per year or leave you with suboptimal hail/wildfire provisions. New move-ins sometimes qualify for special incentives not available to existing residents.
Smart Alternative: Have your FoCoIns expert quote multiple carriers and bundle options when you move—often, new address = new opportunity for tailored protection and savings.
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