Most insurance policies will renew indefinitely upon the designated renewal period, unless something happens.
Some examples of things that can happen that will cease the automatic renewal are: you cancel your policy; you don't pay your premium; you make a lot of claims and your insurance company submits a letter of non-renewal; you committed fraud and the insurance company cancels the policy.
These are just a few of the reasons a policy might cease. However, absent some type of notice your policy will renew.
Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
Most standard issue car insurance policies are issued on what is called a "continuous renewal" basis. That is, so long as the insured continues to meet a company's underwriting standards and they pay their premium, the policy will continue to renew for a new term either on the anniversary date, if it is an annual contract or every six months oif issued as a semi annual contract.
As was stated earlier, if anything changes within the two areas that I listed above, namely failure to pay, numerous accidents or moving violations, etc., then more than likely an insured would be subject to cancellation or non renewal of their policy by the insuring company.
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Most insurance policies will renew indefinitely upon the designated renewal period, unless something happens.
Some examples of things that can happen that will cease the automatic renewal are: you cancel your policy; you don't pay your premium; you make a lot of claims and your insurance company submits a letter of non-renewal; you committed fraud and the insurance company cancels the policy.
These are just a few of the reasons a policy might cease. However, absent some type of notice your policy will renew.
I hope this helps.
As was stated earlier, if anything changes within the two areas that I listed above, namely failure to pay, numerous accidents or moving violations, etc., then more than likely an insured would be subject to cancellation or non renewal of their policy by the insuring company.