How To Renew My Lapsed Car Insurance policy?
Your car insurance expired?
1. Intimate your Insurance Company or Agent immediately
It is extremely important to let your Insurance Company or Agent know about the lapse in your car insurance policy. It is possible to renew your expired auto insurance policy but there might be certain exceptions to it. Renewing an expired car policy is not as easy as renewing a normal policy. For instance, you might not have the option of renewing your policy online. Hence, it is always advisable to speak to your Insurance Company or Agent.
2. Don’t waste more time
In case your policy has renewed a few days ago, you can expect some reprieve from your Insurance Company and get to renew your policy in the usual way. However, if the policy has expired several weeks ago, the Insurance Company won’t be very tolerant. In this case, your application will be considered a fresh one and a surveyor will inspect your vehicle for any damages.
3. Pay more
Since your auto insurance policy has lapsed, you will no longer be eligible for your no-claim bonus and will have to pay extra premium. In addition, if your car is old or a bit damaged, your Insurance Company will no longer be interested in covering your car.
In the near future you must make sure that you pay your premium on time and never let your car insurance expire. It is extremely important to be a little diligent and renew your car insurance policy in time.