It is important that you renew your policy without any break in cover. If there is a break in cover, you could be in breach of the Continuous Insurance Enforcement regulations and liable to a fine.
You do not have to renew your policy with us, but we hope you will do so. This is what we will do before your policy expires:
- Around 2-3 weeks before your policy expires, we will write to you setting out the renewal price we can offer. You must check the facts carefully – if your circumstances have changed you must tell us. Please read the renewal notice and statement of fact carefully.
- Consider if the cover you currently have remains sufficient for your needs. Do you need to increase your level of cover, or perhaps add motor trade Liability or Premises insurance? Perhaps you want to review your health & safety processes using our Target 100 Express tool?
- Whether you have paid your policy in full, or using one of our instalment options, you must contact us to renew your policy. Without your specific instruction, we cannot renew your policy. You must also make full payment, or if you are paying by direct debit authorise us to arrange for payments to continue to be collected by your finance provider.
- You must still tell us if any of your circumstances have changed.
Whichever payment method you use, we recommend you get in touch before your current policy expires so we can ensure you have continuous cover.
Please Call our UK based Renewals team if you have any questions about the renewal of your policy.