Insurance.comKeep insurance coverage on your old home until it sells, and have a new insurance policy in place before closing on your new home. How home insurance works when you move to another stateWhen you move to another state, you need to buy a new homeowners insurance policy. You can purchase flood insurance coverage through a private insurer or the National Flood Insurance Program (NFIP), which has a 30-day waiting period. “Regardless of where you live, Triple-I strongly recommends purchasing flood insurance from the National Flood Insurance Program or a private flood insurer. Florida’s Citizens Property Insurance Corporation, Texas FAIR Plan Association, and the Louisiana Citizens Property Insurance Corporation offer coverage if homeowners can’t find coverage elsewhere.