2006-11-09 00:11:10 · 3 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
The above poster is correct; in most cases if they don't want to reinstate your old policy, they would issue you a new policy (usually higher risk) - but that's assuming they want your business at all anymore, which it doesn't sound like they do.
If you've had a payment lapse they don't have to take you back at all. You've violated your contract with them. Many companies use late payments/lapsed payments as a valid method to drop you, even if you try to make up the past-due payment later -- they don't have to accept it and they're under no obligation to keep you.
If your company doesn't want to reinstate or rewrite you, you'll just have to find insurance with another carrier.
Good luck.
2006-11-09 07:13:00 · answer #1 · answered by ohso_quiet 4 · 0⤊ 0⤋
I am sure u can renew 3rd party insurance cover to u r vehicle though one month has lapsed, but it will be insured from the date of paying premium for 3rd party and the same will be endorsed in u r original policy and the premium amount will be more for this and u can renew for the broken period if the company's rules permit. Now a days the insurance companies are reluctant to give 3rd party insurance cover because of high risk and settlement of claims, they have to coughup a lot of money, which drains their income substantially.
2006-11-10 02:04:49 · answer #2 · answered by Janani B 2 · 0⤊ 0⤋
if it is one month lapsed, they will not 'renew' it, but will ask you to take a new policy from 'today'. this is to protect them against any third party liabilities.
You cannot drive a vehicle which is not insured. it is an offence.
2006-11-09 02:20:10 · answer #3 · answered by WizardofID 3 · 0⤊ 0⤋