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HUB Insurance Hunter | Basics Of Auto Insurance Renewal Process

September 23rd, 2011  |  Insurance

A big part of the auto insurance process is renewing your policy on a yearly basis. The truth is that renewal is usually a simple process. Most insurance companies will automatically renew your policy and all you have to do is agree to the terms of the policy. Often your rates will remain the same as the previous year.

But, if you simply allow your policy to renew year over year, you could be leaving money on the table and missing out of further auto insurance savings. Every year your policy comes up for renewal is an opportunity to explore your options and see if there are ways for you to save money.

Here are some steps that you should take as part of the auto insurance renewal process 

  1. Review your current auto insurance policy
  2. Update your information if necessary
  3. Contact your insurance broker to get a number of quotes to compare
  4. Compare the quotes to your current auto insurance policy
  5. Choose the insurance plan that makes the most sense for you situation

Every time that your auto insurance policy comes up for renewal is an opportunity for you to explore your insurance options and potentially save money. Don’t miss out on the chance to make sure your policy is aligned with your needs.

For more information about ways that you can save money when it comes time to renew your auto insurance policy, visit the HUB Insurance Hunter website at insurancehunter.ca and get 3 quotes in 3 minutes with us! 

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