What is the renewal process?

Generally speaking there is a renewal application that must be completed before we can obtain the quote on your renewal. Some companies do offer "automatic renewals" without any additional information being needed. For many classes of business, you can expect a "step-rate" increase in the first 5-8 years of business. This means the rate will automatically increase by a certain percentage, assuming everything else stays the same (Gross income, areas of practice, etc.). For an explanation of what a "step-rate" is please contact us.