Does car insurance expiration follow the purchase date?
2 Answers
Car insurance expiration follows the purchase date. There are 3 points to note when purchasing car insurance: 1. Avoid duplicate insurance: Car owners should avoid duplicate insurance when purchasing car insurance. Even if a car owner duplicates insurance for one type of coverage, they will not receive excess compensation for claims; 2. Avoid over-insurance or under-insurance: The insured amount must not exceed the insurance value. If it exceeds, the excess portion is invalid. If the insured amount is lower than the insurance value, unless otherwise agreed in the contract, the insurer will bear the compensation liability according to the proportion of the insured amount to the insurance value; 3. Carefully review insurance documents: When receiving insurance documents, carefully verify the information, check whether the third copy of the document is printed on white carbonless paper with light brown anti-counterfeiting background patterns, and whether the words "Supervised by China Insurance Regulatory Commission" are printed in the upper left corner.
I've been driving for over a decade and know very well that the car insurance expiration date isn't directly tied to the purchase date. The insurance policy specifies exact effective and expiration dates, usually set by the insurer. For example, last time I bought car insurance in September but the coverage started October 1st, making the expiry date the same day next year. Don't assume the purchase date is the expiration point - that misconception could delay renewal. Driving uninsured risks heavy fines if caught by police, with potentially serious consequences. I recommend regularly checking your policy or the insurer's app for exact dates, setting phone calendar reminders 1-2 months in advance. Developing this habit ensures worry-free coverage and safety.
