When you have car insurance in Ponte Vedra, Florida, it’s important to know when you should renew. Some insurance companies will renew automatically. Others will require you to go online or make a phone call in order to renew your policy. In some instances, your policy will renew automatically and you might want to change policies. Being more aware will help you to maintain a good policy at all times.

BEST TIME TO RENEW

The best time to renew your policy is on a six-month basis. It doesn’t matter what time of the year it is. While some insurance companies will allow you to renew annually, this doesn’t give you a chance to explore any new discounts that might be available. Additionally, if you have had accidents or tickets in the past three years, you want to make sure that your insurance company looks at your records regularly. This way, the accidents can be removed so that you are no longer penalized.

Depending on your insurance company, you might manage your account by phone or through an online portal. Either way, you want to find out when your policy renews each year so that you can be prepared.

IS THE RENEWAL AUTOMATIC?

You need to look to see whether the renewal is automatic or not. If it renews automatically, there is nothing for you to worry about. However, you might get an email as you close in on the renewal time to say what the new premium is. If you don’t like the cost of your new premium, such as it goes up, you have the ability to work with an independent insurance agent and get new rates for car insurance in Ponte Vedra.

If your policy does not renew automatically, you will need to go through the insurance comparison process so that you can determine whether you want to renew with your existing insurance company or go with the new company. Additionally, you have to set a reminder on your phone or on your calendar to make sure that you have a new policy when your current one is.

WHAT HAPPENS IF YOU FORGET TO RENEW?

Not renewing can be one of the biggest mistakes that you make. The problem is that if you fail to have your car insurance renew, you will be driving without insurance. This is against the law and you can be fined considerably if you are caught. If you get into an accident without having insurance, it can lead to a major financial problem because you will need to pay for everything out of pocket. You might also have your license suspended as a result of driving without insurance.

The other problem with not having insurance because of failing to renew is that you will show a lapse in insurance coverage. Insurance companies will charge you more if there is a lapse from one policy to the next.

Knowing when to renew your policy will make it easier for you to have car insurance in Ponte Vedra that you can rely on.