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This is the date from which an auto insurance policy took effect. The date that an insurance coverage starts on an auto insurance policy. Normally, the validity period of the insurance coverage starts counting from the date of inception.
When the validity period ends, this shows that the coverage which starts from the date of inception has cease or is no longer in force.
There will be need for the renewal of policy to keep the coverage active. The insurance company determines and enforce the date form which the coverage begins.
When the validity period ends, this shows that the coverage which starts from the date of inception has cease or is no longer in force.
There will be need for the renewal of policy to keep the coverage active. The insurance company determines and enforce the date form which the coverage begins.
Posted in: Glossary of Auto Insurance (I)
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1 comments:
All the vehicle holders should know about the starting date and renewed date of their insurance.If there should be any delay on paying the renewing insurance then they should pay a fine to the insurance company.
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