Bharti AXA CAR INSURANCE Renew Car Insurance Policy Quick Highlights Understand How to Deal with an Expired Car Insurance Policy A Step-by-Step Guide to Policy Renewal and Purchase in Case of Expiry Why an Expired Car Insurance Policy can be a Nuisance Avail the Benefits of Renewal or Purchase in case of Expiration of a Policy Things to Keep in Handy When Dealing with an Expired Car Insurance Policy Understand How to Deal with an Expired Car Insurance Policy As the old adage goes, “all good things must come to an end.” This is especially true in the case of your Car Insurance Policy, which comes with an expiry date as soon as it is purchase. Car Insurance Policies, just like other insurance policies, come with a specific term period within which it covers damages and other expenses. Once the term period ends, your Car Insurance Policy might not be applicable anymore, which means that you cannot use it for the purpose of filing claims. This can have highly risky circumstances, especially when you are involved in an accident after the term period of your policy has ended. Hence, being prepared is a crucial aspect of consideration! A Step-by-Step Guide to Policy Renewal and Purchase in Case of Expiry When confronted with an expired Car Insurance Policy, the steps you can take are as follows: Get in touch with your insurance company as soon as possible Choose a different policy or renew the existing one, as per your preferences and needs If you renew your policy, you will need to schedule a vehicle survey appointment After the vehicle inspection, buy the new policy immediately once the vehicle has been deemed fit Why an Expired Car Insurance Policy can be a Nuisance There are numerous reasons why driving your vehicle while possessing an expired policy could result in major problems, legal and otherwise. One of the biggest problems that arise in this particular scenario involve the illegality associated with using an expired insurance policy. According to the norms governed by Indian Motor Laws, driving without a valid Car Insurance Policy can be punishable offense, resulting in fines and other strict action. Moreover, another problem of driving with an expired Car Insurance Policy is that it can increase the risk of financial losses, especially owing to the fact that car accidents can happen anytime without warning. Avail the Benefits of Renewal or Purchase in case of Expiration of a Policy Other than merely avoiding the problems that arise due to the lack of a valid Car Insurance Policy, one should also consider the numerous benefits that are apparent during the renewal or purchase of a new policy. One of the main benefits that come with renewal or purchase of a new policy include the ability to gain No-Claim Bonuses that have accumulated through the previous policy. If you do not renew your existing policy or buy a new one within 90 days of the expiration date, you could miss out on the ability to avail the benefits of No-Claim Bonuses. Other than this, without renewing your policy rapidly, you cannot safeguard yourself from financial losses through accidents and might have to pay for vehicle surveys and other procedures which are mandatory during the process of renewal. Things to Keep in Handy When Dealing with an Expired Car Insurance Policy At Bharti AXA, whenever you are going to renew an expired policy or are planning to buy a new policy, you have to keep the necessary documentation ready so as to ensure a smooth process. Some of the main documentation and records that you need to keep handy during this process include: A copy of the expired Policy Issuance Certificate The Registration Certificate associated with your policy Vehicular details, such as date and city of registration, model number, company name, etc RTO address associated with the vehicle Frequently Asked Questions (FAQs) Have questions on anything and everything related to insurance? We've hand picked questions with answers that will help you understand the nitty-gritty of everything related to insurance. What is NCB? This benefit is given to a customer at the time of renewal. It applies only on the OD premium. NCB discount is available for 5 years and it increases each year with the highest being 50%. Would I need assistance while buying a policy online? We have made our online buying process super-convenient. But we want to ensure you make an informed purchase. So, if you need our help at any point in time, remember that we are just a call away. MORE FAQs Explore Our Products Car Two Wheeler Travel Health Bharti AXA Advantages We've raised the bar in being your Car's ideal insurance companion 9.8 MILLION ISSUES CLEARED 3600+ CASHLESS GARAGES IN INDIA 101 BRANCHES ACROSS INDIA 24/7 CLAIM ASSISTANCE Get Quote Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Related Posts Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. 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