How many days in advance should one renew their car insurance which is about to expire?

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Auto insurance is something that must be renewed every year because most auto insurance policies have a coverage period of one year. So, when is the most suitable time to renew our auto insurance?

One, auto insurance is a great way to save money in the event of a car accident. If one does not have auto insurance, they would have to be responsible for all the accident costs themselves which can be pricier than getting premium insurance. Additionally, it does not hurt to get and have auto insurance, as it can protect you from potential accident claims. 

Most car insurance policies have only a coverage period of 1 year, which means that you would need to renew your policy or switch to a new one (if you want to switch insurance companies) every year. However, when would be the best time to renew your car insurance? 

In fact, car insurance can be renewed in advance, up to 4 months prior, so that you have time to study and compare different policies carefully. If you wait till the last minute, or too close to the deadline, you may not have enough time to conduct and complete your research, which could lead you to choose a policy that is not suitable for your actual needs. 

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Renew your car insurance 4 months in advance

Even though this may seem like a long period, it gives you plenty of time to manage your finances and plan ahead. You will also have sufficient time to research adequately and compare insurance from different companies without feeling rushed.  

Renew your car insurance 1 to 3 months in advance

This is the most suitable time because not only does it give you enough time to understand and compare car insurance from different companies, you will also be able to get the policy that best meets your needs and concerns. Last but not least, it also allows you to have enough time to prepare in advance if you want to change companies for your car insurance.  

Renewing car insurance less than 1 month in advance

This is still not considered too bad, but you will have less time than others to consider different insurance plans and will not receive a discount for renewing your insurance in advance. 

Renewing of car insurance 1 day in advance

Renewing car insurance 1 day in advance is technically possible, but it is not recommended to do it with such a tight deadline. This is due to the fact that you will not have enough time to consider or compare insurance policies in the market, which could lead you to choose an inappropriate one. You will also not enjoy any promotion for renewing your insurance at this stage.  

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Documents required during the process of renewing your car Insurance
  • Copy of the identity card of the owner of the car to be renewed.
  • Copy of the driver’s licence of the person who is renewing the car insurance.
  • Copy of the vehicle registration book. 
  • Copy of the current car insurance policy that is about to expire (or renewal reminder) 

Now that you have been made aware of this, do not let your car insurance lapse. Renew your car insurance in advance to receive continuous coverage and additional renewal discounts. 

If you need to renew your car insurance or are looking for a brand new one, you can trust Motorist to help. We have dedicated staff who are experts in car insurance. We are always available to provide advice and to offer the most appropriate policy for your car to suit your needs. 

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