Car insurance comparisons sites12/4/2023 ![]() There are a lot of factors like type of policy, add-ons, car modifications etc. ![]() Renewal of a car insurance plan does not come with a fixed cost. How much does it cost for car insurance policy renewal?.There might also be a price hike due to the inspection process done by the company and if your car is in bad shape or at risk. If your car insurance policy has expired, the insurance company would require your car for inspection. This can be a huge loss for you as NCB helps lower the insurance premium for the next year. You may also lose No Claim Bonus (NCB) of your car insurance if you do not renew your car insurance policy within 90 days of its expiry. The delay might be because an inspection is required to renew the policy. ![]() If you do not renew your four wheeler insurance on time, then the process might become difficult and take longer than usual. You will have to bear all the expenses by yourself. Thus you cannot make any insurance claims in case of damage or theft. In order to avoid these troubles, you need to renew your car insurance if it has expired.Īn expired car insurance policy provides no coverage to your vehicle. Repeated offenses can also make you face imprisonment. Here are the reasons you need to renew your private car insurance policy.ĭriving a car with an expired insurance policy can land you in legal penalties. If your four wheeler insurance policy expires, you become prone to legal as well as financial risks.
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |