Once the period of cover of the obligatory motor insurance contracted with the Consorcio de Compensación de Seguros either by telephone or by electronic means has expired, the policy holder must pay the renewal premium within a period of THIRTY NATURAL DAYS following said expiry date.

Eight days before the expiry of the insurance cover, The Consorcio will send the policy holder a message to remind them of the aforementioned thirty day period for the payment of the renewal premium, by SMS and e-mail to the respective telephone number and address supplied when the policy was contracted. In the event that the renewal premium is not paid within the indicated period, the policy will be cancelled.

In order to effect payment of the premium, the policy holder has two payment options:

• Payment of the renewal premium by bank card

  In order to pay the renewal premium by electronic means, all you need to do is click on the link at the top of this section. To use this means of payment it is necessary for the policy holder to access using his or her electronic certificate or DNI and have a bank card available with which to effect the payment of the premium. Once the payment has been effected, the premium receipt can be downloaded.

• Payment of the renewal premium at the bank

  Fifteen days before the expiry of the insurance the Consorcio will send the Policy Holder the renewal premium advice by ordinary mail, which can be paid into any branch of the BBVA or Santander banks from Monday to Friday between 9 and 11.30 in the morning.

The Policy Holder may also obtain a copy of the renewal premium advice by electronic means and then effect the payment into the bank. To do this, the Policy holder should access using his or her electronic certificate or DNI and click on the link at the top of this section, selecting the "Obtain renewal advice to effect payment in bank" option.