Renewal of Third Party Insurance Extended Due To Pandemic

Written by Sharad Bajaj

Updated On Oct 14, 20232 min read

What does the extension of renewal dates mean for your car insurance? Read this article to find out.

The Ministry of Finance has extended the renewal dates for Third Party Motor insurance policies till May 15, 2020, due to the ongoing coronavirus (covid-19) lockdown. The extension has been provided for the insurance policies due for renewal between March 25, 2020 to April 14, 2020.

The move has come as a relief to the policyholders as in the absence of an active third party car insurance policy is an offence in the country which is punishable with a fine of Rs. 2,000 and/or imprisonment of up to 3 months. Also, in the absence of a valid third party car insurance policy, a car owner is liable to pay for third party liabilities, including bodily injuries, death, permanent/temporary disability and property damage incurred by a third party, himself/herself in case of an accident involving his/her car.

As per the Health Ministry, the number of positive coronavirus cases have crossed the 10477 mark in the country with 414 deaths. Globally, Covid-19 has infected more than 2 million people and has caused at least 126,000 fatalities. In an attempt to contain the contagious pandemic Coronavirus Disease (COVID-19), Prime Minister Narendra Modi has extended the ongoing nationwide lockdown till May 3, 2020.

During these tough times, please stay safe by staying at home. You can fulfill all your motor insurance requirements digitally by visiting our website InsuranceDekho. At our platform, you can buy as well as renewal motor insurance policies completely online and that too in just 5 minutes. Stay home, stay safe!

How to Renew Your Car Insurance Online?

The following steps will guide you to renew your existing insurance policy:

Step 1: Visit our website InsuranceDekho

Step 2: Enter the car’s registration number and click on ‘Proceed’. Next insert the fuel type and variant of your car. If you do not remember your car’s registration number for some reason you can also provide other details such as its make, model and year of registration.

Step 3: Enter the expiry date of your existing insurance policy and the name of the insurance provider. Additionally, if you have made any claims in the previous policy, provide the details of it in the given section.

Step 4: Provide your personal details, such as name and mobile number and term of the new policy you want. Next, click the ‘Submit and Get Quotes’ .

Step 5: All the quotes available from different insurance providers will be visible on your screen. You can compare the different insurance companies, the quotes that their offering and check their network of cashless garages and select an insurance policy that fits your needs. This is also when you can select any add-on covers you may want to purchase.

Step 6: Select the ‘Buy Now’ option and make the payment for the selected policy. The insurance document will be sent to your registered email ID.

Disclaimer

This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Written by Sharad Bajaj

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Sharad is an insurance industry veteran who has managed motor insurance products for over a decade. He helped set up and scale the motor insurance vertical for a leading insurance company in his previous stint. In his spare time, Sharad likes to read and be in tune with nature.