Car insurance is mandatory for every car on the road. Car insurance can either be a comprehensive cover or a third-party policy. A comprehensive cover provides complete protection against personal damages and third-party liabilities, whereas a third-party cover only provides protection against third-party liabilities. Depending upon your requirement, you can purchase the car insurance cover that suits you.
The rising number of accident cases, highlights the need to carry a minimum amount of auto insurance, in order to be financially responsible, should an accident occur. Some people don’t realize their insurance policy has expired until they are involved in an accident.
Here are the steps that you can take if your car insurance policy has expired -
• Don’t drive your car:
If your car insurance policy has expired, it is better that you don’t drive your car till the time you get it renewed. If you drive your car without insurance, you might be exposed to risks, such as an accident, or a legal issue; as driving without an insurance policy is illegal.
• Contact your insurance agent:
If you have missed out on the date of renewal, you should contact your insurance agent as soon as possible. Being an expert, your agent will be able to help you out in such cases. Your agent can reinstate your insurance and save you from paying a penalty.
• Keep documents handy:
Collate all the documents required for renewing your expired policy. Keep your expired policy, car registration certificate, and other documents handy before you head out to purchase a new car insurance policy.
• Buy a new policy immediately:
Decide on the coverage you want and buy a policy as soon as you can. You can also purchase online policies through insurance providers and third-party websites. When you buy online, you receive the policy documents instantly, via email.
Remember your policy expiration date for the next time, or set a policy expiration alert with your insurance provider, to avoid any policy lapse in the future.
The rising number of accident cases, highlights the need to carry a minimum amount of auto insurance, in order to be financially responsible, should an accident occur. Some people don’t realize their insurance policy has expired until they are involved in an accident.
Here are the steps that you can take if your car insurance policy has expired -
• Don’t drive your car:
If your car insurance policy has expired, it is better that you don’t drive your car till the time you get it renewed. If you drive your car without insurance, you might be exposed to risks, such as an accident, or a legal issue; as driving without an insurance policy is illegal.
• Contact your insurance agent:
If you have missed out on the date of renewal, you should contact your insurance agent as soon as possible. Being an expert, your agent will be able to help you out in such cases. Your agent can reinstate your insurance and save you from paying a penalty.
• Keep documents handy:
Collate all the documents required for renewing your expired policy. Keep your expired policy, car registration certificate, and other documents handy before you head out to purchase a new car insurance policy.
• Buy a new policy immediately:
Decide on the coverage you want and buy a policy as soon as you can. You can also purchase online policies through insurance providers and third-party websites. When you buy online, you receive the policy documents instantly, via email.
Remember your policy expiration date for the next time, or set a policy expiration alert with your insurance provider, to avoid any policy lapse in the future.
