If you do not renew your domain name and web hosting on time, you may be charged extra fees. Your domain name will enter a grace period of approximately 30 days, during which you can still renew it for the normal renewal fee.
If not renewed during this period, your domain will enter a redemption period of 30-60 days, during which you can still renew it, but for a higher fee. For example, the normal renewal fee for your domain may be $10, and the redemption fee may be $50. If not renewed during the redemption period, the domain will be deleted and become available for anyone to register.
Web hosting must also be renewed yearly, and if not, your website will be suspended and any files deleted. It may be possible to recover your website files if you renew your web hosting within 30 days, but after that, they will be permanently deleted. To avoid extra fees and potential loss of your domain and website, make sure to renew your services before they expire.