Saturday, July 28, 2012

Renewing your policy

   Your auto insurance is renewed automatically. The insurer is
required to send the insured or the insured’s broker a notice of
renewal 30 days prior to the policy maturity date. Renewal is
automatic unless either you or your insurer gives notice to the
contrary.

   You should know that your insurer can decide not to renew your
policy at maturity. Some of the reasons most often given include
misrepresenting facts, high number of claims and non-payment
of the premium.