"Policy expiration" refers to the end or termination of an insurance policy. The coverage period comes to an end, and the policyholder is no longer protected by the insurance company. Full definition
Earn an early shopping discount Many auto insurance companies offer discounts to your premium if you shop well in advance of your current policy expiration date. (comparisonmarket.com)
At policy expiration, the policyholder is not guaranteed new coverage at the same terms. (investopedia.com)
In most cases these are completed within 75 days after policy expiration. (statefarm.com)