Will My Insurance Automatically Renew?

Most insurance policies—including auto, home, health, and business—automatically renew unless you cancel or request changes. Understanding this process helps you avoid unexpected costs and ensures your coverage fits your current needs.

1. How Auto-Renewal Works

• Policies usually last 6 or 12 months.

• Insurers send a renewal notice 30 to 60 days before the end date.

• If you don’t take action, the policy renews with updated terms and pricing.

• Payment is typically processed automatically if you’ve set up auto-pay.

This process ensures continued protection—but it can also result in paying more than necessary or keeping outdated coverage.

2. Why You Should Review Before Renewal

✅ Avoid Unwanted Premium Increases

Premiums can rise due to inflation, market conditions, or changes in your risk profile.

✅ Make Sure Coverage Reflects Your Current Needs

Major life changes—like moving, buying a new car, or renovating your home—might require adjusting your limits or adding new coverage.

✅ Take Advantage of Better Offers

Renewal season is the perfect time to compare quotes and switch carriers for a better deal.

3. When Insurance Might Not Renew Automatically

Your policy may not renew if:

• You cancel the policy before the renewal date.

• The insurer decides not to renew due to risk or payment history.

• The payment method fails and isn’t resolved on time.

• You’ve moved states or had significant changes in circumstances.

4. What You Should Do Before Renewal

• Check the renewal notice for any changes in premium or terms.

• Compare rates to see if better options exist.

• Update your policy if your coverage needs have changed.

• Contact your agent if you want to cancel or switch.

Summary Table

Final Takeaway

Yes, most insurance policies auto-renew to prevent lapses in coverage. But letting your policy renew blindly could cost you. Review your renewal notice at least 30 days in advance to stay informed, adjust your coverage, or switch for a better deal.

Want expert help reviewing your current coverage or switching to a better option?
With over 30 years of experience and access to nearly 100 insurance carriers, THAgency will find you the best solution tailored to your needs. Just send us your request — it’s fast, free, and secure.