Pro Tip: To avoid a lapse in coverage, renew your policy on time or find new coverage from a different car insurance company before your policy’s renewal date.
Your insurer can refuse to renew your policy
Your insurance company is entitled to non-renewal, in which they cancel your policy at the end of your term. Non-renewal can happen for the following reasons: 1 Your insurer no longer offers policies in your area
Your insurer doesn’t offer your policy anymore
You missed payments during your latest policy term
You have a history of accidents over the past few years, possibly with at-fault accidents
You filed too many insurance claims
Keep in mind: If your insurer chooses to not renew your auto insurance coverage, you will need to secure a new car insurance plan before your cancellation date. Check out providers that specialize in insurance for high-risk drivers
or smaller non-standard auto insurance companies. FAQs
Can I renew my auto policy after it expires?
In some cases, you may be able to reactivate your policy after it expires. If you notice that you missed your car insurance renewal, be sure to reach out to your insurance provider immediately.
What happens when I don’t renew my car insurance?
If you don’t renew your car insurance and you don’t set up a new policy before your car insurance renewal date, your coverage will lapse and you will be uninsured.
Some companies offer grace periods for expired car insurance, so you may be able to reinstate your policy. Reach out to your insurance provider and request a policy reinstatement. If they decline, shop around to find a new policy as soon as possible.
Will my insurance renew automatically even if I don’t have auto-pay?
Your insurance policy will renew automatically even if you don’t have auto-pay, but you will need to make the first payment for your new policy term to activate your renewed coverage.
What if I don’t renew my policy and drive without insurance?
If you don’t renew your policy and decide to drive without insurance, you may face a license suspension or revocation. Additionally, if you cause an accident without insurance, you will face steep out-of-pocket costs for the other driver’s medical bills and repair costs.
How can I pay to renew my car insurance?
Car insurance providers typically accept renewal payments with a credit card or debit card online, by phone, in-person, or by mail with a cheque or money order. Some providers may accept mobile app payments or payments through a bank account.
When will my car insurance renewal notice arrive?
Car insurance renewal notices typically arrive one month before the official renewal date.
Can I cancel my insurance before my renewal date?
You can cancel your car insurance at any time. Waiting for your renewal date may help you avoid a cancellation fee or administrative fees, but some providers offer mid-term cancellations free of charge.
How do I stop my car insurance from auto-renewing?
You can stop your car insurance from auto-renewing by calling your insurance provider to decline your policy renewal. You will need to speak with an insurance agent.
Will I get a refund if I cancel my car insurance after it renews?
If you paid your car insurance premium in full for the year, you will receive a refund for your unused premiums, minus fees for administrative costs. If you paid a monthly premium, you may not receive a car insurance refund
.