Will there be any impact if I buy insurance a few days after my car insurance has lapsed?

1 Answers
VonCecilia
07/30/25 9:26am
There is no significant impact if the car insurance lapses for a few days. If the insurance is renewed within three months of the lapse, you can still enjoy preferential policies. However, if the lapse exceeds three months but is within six months, the insurance rate will increase. If the lapse exceeds six months, the car will be treated as a new vehicle for insurance purposes. Therefore, it is crucial to renew the car insurance within three months after it lapses to avoid affecting premium discounts. 1. Renew car insurance promptly: Accidents cannot always be avoided by being careful, so do not take chances by not renewing your car insurance. Some car owners fail to read the policy terms carefully or note the expiration date of their car insurance, forgetting to renew it on time. If the insurance is not renewed during this period, the insurance company may refuse to compensate for any claims. 2. Pay attention to car insurance renewal: This is to avoid losses in case of an incident. Compulsory traffic insurance (CTI) must be renewed on time, as it is mandatory, unlike commercial insurance. Failing to renew CTI on time can lead to various issues and even penalties. Unlike commercial insurance from insurance companies, not having CTI can result in significant losses in case of an accident. 3. Tips for renewing car insurance: If your car is nearing retirement or scrapping age, renewing the insurance may not be cost-effective.
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