Because insurance plans are contracts, they must be cancelled in writing. You must write a letter giving your insurer formal notice of cancellation in order to cancel the contract.
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Putting your cancellation request in writing protects your interests by giving hard copy proof of your request.
As a starting point for your own home insurance cancellation letter, use the template given here.
Home Insurance Cancellation Letter Sample
Attn: Cancellations Department
[Insurance Company Name]
[Insurance Company Address]
Re: Cancellation of [Home Insurance Policy #]:
To Whom It May Concern:
I regret to inform you that I, [Name of policyholder along with home insurance policy] have decided to terminate my home insurance coverage effective immediately.
The reason for my decision is based on finding a more comprehensive coverage for a lower cost. Please, send me a written confirmation of the cancellation for my records at your earliest convenience.
[Name of policyholder]