Question I’ve been living in my apartment for almost a year now. That means my current insurance policy is about to expire. Will my coverage end if I don’t reapply?
Nick Weiser, a Farmers Insurance® agent in Oxnard, California, explains how policy renewals work.
Answer Although renters policies have a one-year term, there is no need to reapply every year. Your insurer will offer to renew your policy and continue to cover you if you pay the renewal premium. You will receive new policy documents every year outlining the terms of offered renewal coverage.
That said, I meet with most customers at renewal time to review their coverage and update it as needed. I also make sure they are taking advantage of any discounts available to them.
Find out why renters
Farmers is a smart
The information contained in this page is provided for general informational purposes only. The information is provided by Farmers® and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to this article or the information, products, services or related graphics, if any, contained in this article for any purpose. The information is not meant as professional or expert advice, and any reliance you place on such information is therefore strictly at your own risk.