What is grace period in car insurance?

It is mandatory to have at least third-party car insurance to legally drive your car. If you fail to renew your car insurance policy on time, you face the risk of heavy expenditure if you meet with an accident. You may also get fined by the police. Fortunately, insurance companies offer car owners a grace period for car insurance renewal.

Published on: 10/6/22, 2:26 PM