What is the definition of Insurance Renewal?

Alright, let's break down "insurance renewal" with a dash of humor and a sprinkle of seriousness. An insurance renewal is basically when you're like, "Hey, my umbrella just blew off my hands last time," but instead of just tossing it away, you decide to keep it on your roof for good measure. It's the act of updating your insurance policy to cover you in case of unforeseen events, like your neighbor starting a firework display or you accidentally knocking over a pile of cushions.

---

Here's an edgy example: "After my last insurance renewal, my cat decided to take over the insurance policy and started claiming it covered our new 'catnip' experiments."