How Long Can Car Insurance Lapse?

What Happens If Car Insurance Lapses?

When your car insurance lapses, you might have to get a new insurance policy:

• You may also lose the accrued benefits of the lapsed policy, like a no-claim bonus.
• Besides, getting a new plan can attract rigorous vehicle inspection and a higher premium.
• If the period between the policies lapsing and getting renewed is significant, you could end up paying a much higher premium or the renewal may be rejected altogether.
• If caught driving an uninsured car, you can face strict legal action and end up paying steep fines.
• There could be liabilities and consequences resulting from driving an uninsured vehicle, such as risk to your life, and injury and damage to your and other vehicles.
• You will have to bear all expenses in case of an accident, injury or death, damage, theft, etc.

How Much is the Insurance Amount of Car in Tamil Nadu?

The insurance amount for a car in Tamil Nadu varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,200* to 8000*, depending on individual circumstances and coverage choices.

How Much is the Insurance Amount of Car in Karnataka?

The insurance amount for a car in Karnataka varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs 3,000* to 9000*, depending on individual circumstances and coverage choices.

How Much is the Insurance Amount of Car in Telangana?

The insurance amount for a car in Telangana, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,400* to 5,500*, depending on individual circumstances and coverage choices.

How Much is the Insurance Amount of Car in Maharashtra?

The insurance amount for a car in Maharashtra, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,500* to 8000*, depending on individual circumstances and coverage choices.

How Much is the Insurance Amount of Car in Kerala?

The insurance amount for a car in Kerala, like in other Indian states, varies based on factors such as the car's make and model, location, and type of coverage. The annual premium can range from Rs. 2,000* to 5000*, depending on individual circumstances and coverage choices.