What Happens if Car Insurance Lapses?
It is important that you protect yourself by having It is crucial that you protect yourself by having car insurance at all times. Letting your car indemnity relapse international relations and security network ’ deoxythymidine monophosphate rare, but it can be dearly-won. Whether the relapse was on determination or your policy was canceled because you didn ’ thymine pay your car insurance bill, your rates might go up. If an indemnity ship’s company sees that you had a period of prison term with no insurance, they might consider you a higher hazard. Driving without insurance could besides result in fines, tickets and a suspended license, depending on the rules in your department of state. It ’ south crucial to keep continuous cable car insurance coverage, even if it ‘s the minimum sum your department of state requires .
What Does It Mean to Let Your Insurance Lapse?
A car policy sink is a period of time when you own a car but you don ’ t have car insurance coverage. A elapse in coverage can happen because you didn ’ metric ton pay your cable car indemnity premiums or you were dropped from your policy company. If you ’ re in an accident and you don ’ t have coverage, you may be liable for price or injuries .
Car Insurance Lapse Grace Period
You may have a lapse in coverage because you missed the due date on your monthly car insurance payment. If it’s only been a short period of time, your insurance company may allow you a grace period. State laws require that your insurance company notify you before canceling your policy completely. You’ll have between 10-20 days, depending on where you live, to make your payment and avoid a car insurance lapse. You may have a oversight in coverage because you missed the due date on your monthly car indemnity requital. If it ’ s entirely been a short period of time, your policy company may allow you a seemliness period. State laws require that your policy company notify you before canceling your policy completely. You ’ ll have between 10-20 days, depending on where you live, to make your payment and avoid a car indemnity sink .
What Do I Do if My Car Insurance Lapses?
Don ’ thyroxine panic. Just take care of it promptly, so you can get safely back on the road. here are a few steps you ’ ll want to take :
- Contact your insurance company. Find out what happened. Did you miss a payment?
- See if your policy can be reinstated. If the issue has to do with payment, call your car insurance company right away. If it hasn’t been too long, they can likely reinstate your policy so you have continuous coverage.
- Shop around. If your car insurance company is not willing to reinstate your policy, you may need to consider switching car insurance companies.
Customers of the AARP Auto Insurance Program From The Hartford
If you ’ re a customer of The Hartford and have a doubt, just call 888-413-8970 and a customer servicing representative will be happy to help you.
Other Customers
If your coverage with another car policy company lapses, you may even be able to get coverage with The Hartford. To be sure you ’ re protected, get a car indemnity quote by calling us at 888-413-8970 or get a quote on-line .
Is There a Penalty for Lapse in Car Insurance?
about every express requires you to have car insurance to legally drive your car. even if you ’ ra driving a registered car, the penalties you ’ ll face if you ’ re capture driving without policy may include :
- Fines of up to $5,000
- License suspension
- Impounding of your car
- Jail time
What Happens if Your Insurance Lapses and You Have an Accident?
If you’re in a car accident while driving without insurance, you could be held financially responsible. You will likely have to pay out of pocket for any property damages or injuries as a result of the car accident. The best way to make sure you’re protected is to keep continuous coverage and avoid a car insurance lapse by: If you ’ re in a car accident while driving without insurance, you could be held financially creditworthy. You will likely have to pay out of scoop for any property damages or injuries as a leave of the car accident. The best manner to make sure you ’ rhenium protected is to keep continuous coverage and avoid a car insurance lapse by :
- Paying your car insurance premium on time
- Renewing your insurance policy
- Doing your best to keep a clean driving record
How Long Does an Insurance Lapse Stay on Your Record?
If you ’ ve had a relapse in coverage, you may have to file an SR-22 with your country for three years to prove you have purchased at least the minimum car indemnity required. A sink in coverage may cause policy companies to see you as a bad driver, even if you have a well drive record. It can besides potentially impact your future car indemnity premiums. It ’ sulfur best to keep continuous coverage to get the best indemnity rate and make certain that you ’ ra protected in a car accident. If you ’ re looking for car policy that will give you peace of mind as you travel, get a car insurance quotation mark today .