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Merge pull request #314883 from pri-mittal/patch-48
Update reservation-renew.md
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articles/cost-management-billing/reservations/reservation-renew.md

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# Automatically renew reservations
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You can renew reservations to automatically purchase a replacement when an existing reservation expires. Automatic renewal provides an easy way to continue getting reservation discounts. It also saves you from having to closely monitor a reservation's expiration. With automatic renewal, you prevent savings benefits loss by not having to manually renew. *The renewal setting is turned on by default* when you make a purchase. You can manually turn off the renewal setting at the time of purchase. After purchase, you can enable or disable the renewal setting anytime by selecting your reservation at Azure portal>Reservations, up to the expiration of the existing reservation. *When auto-renew is enabled, you have to manually turn it off to stop automatic renewal*.
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You can renew reservations to automatically purchase a replacement when an existing reservation expires. Automatic renewal provides an easy way to continue getting reservation discounts. It also saves you from having to closely monitor a reservation's expiration. With automatic renewal, you prevent savings benefits loss by not having to manually renew. *The renewal setting is turned on by default* when you make a purchase. You can manually turn off the renewal setting at the time of purchase. After purchase, you can enable or disable the renewal setting 48 hours before the expiry date time by selecting your reservation at Azure portal>Reservations, up to the expiration of the existing reservation. *When auto-renew is enabled, you have to manually turn it off to stop automatic renewal*.
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The renewal price is available 30 days before the expiry of existing reservation. You can view the current rates and discounts by selecting your reservation at Azure portal>Reservations. When you enable renewal more than 30 days before the reservation expiration, you're sent an email detailing renewal costs before expiration. The reservation price might change between the time that you lock the renewal price and the renewal time. If so, your renewal will not be processed and you can purchase a new reservation in order to continue getting the benefit.
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