Tips For Insurance Renewals From Billyard Insurance Group

Next time your insurance renewal comes around, remember these important tips! Jeff Spidell, Managing Partner at Billyard Insurance Group Inc., shared his insight on getting the best rate for your insurance needs:

"Each year your insurance company sends you a renewal. It’s always worth a call/email to them to see if they can do any better on the rate.

Each year you have 3 options:

  • Accept the renewal
  • Decline the renewal
  • Call and discuss the renewal

If every year you just continue to pay monthly and accept what is sent, you might not get the best rate.

Also, when doing a renewal review, sometimes new information comes to light that can impact your rates/coverage. Give your insurance company a call at least every other year at renewal; to discuss your policy, your needs and your current situation.

It will protect you in a claim situation and also maybe keep a few bucks in your pocket."