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Renewing your car insurance is easy. But if you let it auto renew before taking the time to compare your options, you could end up paying too much.
Before it comes time for you to renew your policy, your insurer will send you a renewal notice. This normally happens at least 30 days before your policy is due to end. On this notice, it’ll let you know how much your premium is going to be for the next year.
You’ll then have several options to renew your insurance if you want to stay with the same company.
The steps involved in renewing your car insurance will vary depending on both how you choose to renew your policy and the options available through your insurer. Generally, you’re able to renew:
You might be better of keeping your current insurer in a few cases.
Whether you should renew your insurance or switch your car insurance depends on whether you like your current insurer and how good of a deal it’s giving you. To get the best deal, it’s usually a good idea to get quotes from other insurers and compare them to your current insurer.
When comparing insurers, consider:
Renewing your car insurance is usually pretty easy — but it might not get you the best deal. Before renewing with your current insurer, compare other car insurers to find out which one offers the best price.
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