Does renters insurance automatically renew?

I bought renters insurance around the same time I started my lease. My lease here is almost up, but I’m going to renew it and stay in the same place. I’m happy with my renters insurance, too, so I’m planning on keeping it. Will my renters insurance renew automatically?

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Answer provided by
Melanie Mergen
Answered on May 11, 2022
It sounds like your apartment and your policy have worked well for you thus far, so that’s great news. Whether your renters insurance will renew automatically depends on your insurance company and your policy.
It’s not uncommon for renters insurance policies to have a clause stating it will automatically renew, but if you’re not sure, you don’t want to assume that and then learn you lost your coverage because it expired. You’ll want to contact your insurer directly to see whether your policy will automatically renew.
Before you renew, though, consider shopping around for quotes for renters insurance from other companies. You might find yourself a better deal, or you might discover the insurance you have is still the best option for you. Jerry can help you with that. After answering some brief questions, you can review quotes from top insurance companies to find the best policy for your needs.

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