What If Car Insurance Is Expired?
Driving without a valid insurance policy is illegal in India. It is possible that the car insurance may have lapsed due to any reason - you may not have renewed before its expiration date or you forgot the date.
If your car insurance has expired for any reason, here is what you must do.
1. Get in touch with your agent or renew your policy online
In case the policy is expired, you must immediately get in touch with your agent. An experienced agent has the necessary knowledge on the process after car insurance expires. The agent can assist you in renewing the policy, or you could also opt for online renewal, as it helps in saving time and is convenient too. It is important you do not waste time as you may have to pay a higher premium to renew an expired insurance policy.
2. Do not drive your car
An important factor you must remember while answering what if car insurance is expired is to not drive your vehicle. If you drive without an insurance coverage, you will be at a higher risk. In case of an accident, you may have to pay for the damages to third parties as well as for repairing any vehicular loss without insurance coverage.
3. Choose your policy
It is illegal to drive your vehicle without motor insurance. Therefore, how to renew an expired policy becomes a big question. An excellent option is to renew it online because the entire procedure may be completed within a few hours. In case you want to buy a new policy from a different company, you may compare the various options to make an informed decision.
4. Have all your documents handy
After deciding which policy you want to purchase, it is recommended you call the company to determine the documents that are required. You must have a copy of your previous policy and the registration certificate (RC) because these are required to renew your motor insurance. Additional details such as registration location, car brand and model, age, and first registration date will also be required.
5. Book a vehicle survey appointment
As the insurance plan has expired, the insurer will send an authorized representative to review the car condition. The representative will check for existing damages before determining your eligibility for car insurance. It is recommended you book an early appointment to avoid further delay. In case the surveyor finds significant damage during the inspection, being eligible for insurance coverage may be difficult. The surveyor may set a pre-determined deductible that may be charged or deducted when you make a claim in the future.
Some insurers offer the convenience of self-inspection, which means you may instantly renew the policy without waiting for the surveyor to physically check your car. You may log in through the company’s website and opt for the self-inspection option. You are able to upload the pictures and videos through the site. On approval, the insurer will send a confirmation to proceed with the payment to renew the policy online.
It is important that once your policy has expired, you do not further delay the renewal. Buying motor insurance policy online is the best and quickest option in such instances.