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Is non-renewal the same as cancellation with USAA?
"I just received a non-renewal notice from USAA.
What does this mean? Are they canceling my policy?"
Sophie Newman · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Non-renewal is when a
car insurance
company decides not to renew your policy for the upcoming term.It means that
USAA
will no longer insure you as a driver and you need to start shopping for new quotes.The insurance company usually comes to this decision after concluding that you are now considered too much of a high-risk driver for them to insure.
This could be because you have a risky driving record or have filed too many claims in the recent policy period.
Sometimes, the insurance company simply doesn’t carry your policy anymore, in which case you may be able to stick with the same company under a new plan.
Now that you have to look for a new policy, be sure to shop around. Using a smart comparison tool like
Jerry
will help you find the best rates from the top 45 companies in under a minute.”View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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