If you decide to stay with your current company, your policy likely will not change. However, a renewal period is typically a time when an insurance company can decide to re-rate your policy. This may mean that your rate increases or decreases.
Depending on the terms and conditions of your policy, it may also be the only time you’re able to adjust your coverages or cancel your policy.
Since your insurance is through the dealership, you may be able to find a better rate through an outside company.”