The process for renewing a car insurance policy can vary depending on the insurance company, but generally, the following steps are involved:
Review the existing policy: Review the existing policy to check the coverage and benefits, and to ensure that the details of the vehicle are up-to-date.
Compare policies: Compare the existing policy with other policies available in the market to ensure that you are getting the best deal.
Gather required documents: Gather all the necessary documents, such as the existing policy documents, the vehicle registration certificate (RC), driving license, PUC certificate, ID proof, claim history, and NCB certificate (if applicable).
Renewal notice: The insurance company will send a renewal notice to the policyholder before the policy expires.
Contact the insurance company: Contact the insurance company to renew the policy. This can be done through the company’s website, mobile app, or by visiting a branch.
Submit the required documents: Submit the required documents to the insurance company.
Payment: Make the payment for the renewed policy.
Confirmation: Once the payment is made, the insurance company will issue a renewed policy document.
It is always important to renew the policy before the expiry date to avoid lapse in coverage. Some companies also provide the option to renew the policy online, which can make the process more convenient.