A car insurance policy usually has a one-year validity period after which the owner must renew it.
If your auto insurance coverage is about to expire, it's critical that you have it renewed as soon as possible.
You cannot drive on Indian highways with an expired policy, according to the Motor Vehicles Act of 2019.
To begin with, having an expired car insurance coverage carries with it penalties and risks. Furthermore, if you are caught driving with an expired insurance, your claim request will be denied, and you will be harshly penalised.
As a result, renewing your car insurance policy on time will not only ensure stress-free driving at all times, but it will also protect you from fines and other risks!
How to Renew a Car Insurance Policy That Has Expired
Renewal of a car insurance coverage is comparable to the process of purchasing a new policy. It's simple, quick, and completely hassle-free!
There are a few things you can do right now!
Do not drive: It is unlawful to drive with an expired policy, therefore first and foremost, make sure you are not driving and that your car is stored in a secure location with minimal risk of harm. Losses sustained when driving an uninsured car are not covered!
Be available for self-inspection: When renewing an expired car insurance policy, the sole additional requirement is self-inspection.
What is the purpose of self-inspection and why is it so important?
Self-inspection for car insurance renewal is a function that allows you to inspect your vehicle with the help of your smartphone. You're supposed to take photos of the vehicle. You will be notified when your car insurance coverage is renewed/issued once your images have been uploaded. This eliminates the necessity for an official visit, saving both time and effort!
There are a few things to keep in mind before diving into the finer details of self-inspection.
A Break-In period is the time between when a policy expires and when it is renewed.
In the event of a break-in, insurers prefer to inspect the car.
If you don't renew your auto insurance coverage after 90 days (Expiry), your No Claim Bonus component will be reset to zero.
Self-inspection via photographs is significantly easier and less time consuming than having an insurance company representative visit you in person for a quality check.
Self-Inspection for Car Insurance Renewal Benefits
If your car insurance policy has expired and you are in the Break-In period, you must either complete an inspection yourself or have it done for you by the insurance provider. The following are some of the advantages of self-inspection for auto insurance renewal:
Self-inspection is far faster than waiting for your insurance provider to schedule one. Rather of waiting for an official to come to your house and complete the inspection, you may do it yourself in just a few minutes and renew your coverage!
Simple: A self-inspection is as simple as snapping a few photos with your phone. The only thing you should be wary of is photographing your car in such a way that it is completely captured. For the insurance provider to undertake a complete verification, it should be clearly evident in the photos.
Convenient: The self-inspection does not necessitate the use of any specific tools or equipment. All you'll need is a smartphone! Furthermore, you can conduct the inspection at any time of day that is convenient for you.
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