Are there any issues with purchasing car insurance after it has lapsed?

1 Answers
StephenDella
07/29/25 1:01pm
There is no impact on renewing car insurance after it has lapsed, except for certain effects on the premium, and the vehicle must not be driven on the road during the lapse period, otherwise penalties will be imposed. Relevant information is as follows: 1. There is an impact on purchasing insurance after the car insurance has lapsed. The extent of the impact depends on how long the insurance has lapsed and the relevant regulations of each insurance company. 2. For PICC Property and Casualty, if the insurance lapses for more than three months, the normal discount (in the case of no claims) will not be available, and the premium will be higher. If the lapse is within three months and there are no claims, the premium will still have a discount. If the car has had claims in the first half of the year, the number of claims will be considered. It is important to note that it is best not to let the car insurance lapse, as the risks are significant and very unfavorable for the vehicle. It is recommended to purchase car insurance in advance.
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