If your vehicle’s insurance is about to expire do get it renewed on time! Otherwise, you run the risk of your vehicle being impounded in case you meet with an accident and later auctioned to meet compensation claims of accident victims.
The Supreme Court has recently passed a order that all states and union territories will have to frame rules to compensate accident victims by auctioning uninsured motor vehicles. The order is for uninsured vehicle or the vehicles whose insurance policy has expired and any accident is caused by such vehicle.