Why is it important to renew bus insurance on time?

Having bus insurance has many benefits. Firstly, you get to maintain adherence to the legal requirement of needing third-party insurance to operate your vehicle on the roads in the country. Next, you also get peace of mind knowing that you will be financially covered against losses that you may face due to accidents and other unforeseen events. All of these advantages make it worthwhile to buy and renew your bus insurance plan on time always.