If the motor insurance has lapsed many years ago, for renewing the motor insurance, do I have to pay for lapsed years too?


Venu Venu
Answered on October 31,2019

Renewal of insurance can be done without paying for the lapsed period. However, there are cases when renewal was rejected by the company if the insurance lapse period is significantly high.
Renewal may be allowed but with some fines & penalties. One may have to apply again for a fresh policy. The fresh policy is possible only after the car survey or inspection. The company may charge a higher premium on a fresh policy.


tesz.in
Hey , can you help?
Answer this question

Guide

Sarthi Parivahan Sewa 2024- Driving License, Vehicle Information

The Ministry of Road Transport & Highways (MoRTH) has been instrumental in automating more than 1300 Road Transport Offices (RTOs) nationwide. These RTOs issue essential documents, inclu..
  Click here to get a detailed guide