Do I need to buy motor insurance every year?

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Do I need to buy motor insurance every year?

Yes, in most cases, you will need to renew your motor insurance policy on an annual basis. Motor insurance policies typically have a term of one year, after which you will need to renew your coverage in order to continue being insured. Some insurance companies may offer the option to purchase a policy for a longer term, such as two or three years, but most policies are renewed on an annual basis.

It's important to maintain continuous motor insurance coverage, as driving without insurance can have serious consequences. In many states, driving without insurance is illegal, and you may face fines and other penalties if you are caught driving without coverage. In addition, if you are involved in an accident without insurance, you may be personally responsible for paying for any damages or injuries you cause, which can be financially devastating.

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