What happens if I do not pay for my car insurance?
We suppose that you’ll not trap in such situation ... but it's worth remembering what the consequences of driving without required payment for your best cheap suv insurance could happen. The crisis has placed US families in difficult situations, so it is important to note the importance of being up to date on the payment of policies. Once we are aware of the impossibility of driving without having paid the insurance, we will approach possible ways of financing for those in a bad economic moment.
What are the consequences of driving without car insurance?
In United States, the only essential car insurance is Compulsory Civil Liability. It is the one required by law to cover compensation for damages caused to third parties in an accident. Not having contracted this coverage has serious consequences for the driver of the vehicle: Withdrawal of the car, which will be transferred to a deposit for a month if it is the first offense for this reason. To be able to recover it will be necessary to present a proof of being up to date on the insurance payment and assume the expense up to 3,000 dollars. The compensation for not having paid the premium varies between 600 and 3,000 dollars, depending on aspects such as the time you have without the car insurance in order, the type of driving license or if you were driving or stopped.
When does it begin to have consequences not to pay the insurance?
Car insurance is prepaid. The majority of policies has duration of one year and is automatically extended. If the company or the insured are not interested in continuing the contractual relationship, they must notify the company at least two months in advance. We recommend to review your insurance to know the end date. If you decide to accept the conditions of renewal that the insurer sends you, remember that you must pay before the expiration date. Although insurance must be paid on time, there is a grace period of one month. During that time, even if you have not paid the new premium, you will still be covered by the company. Upon expiration of that month of extension, if you have not paid the insurance you will have to face the consequences that we enumerated previously.
How can I make car insurance payment more flexible?
If you are having difficulty coping with car insurance payments, find out about the flexibility of different insurance policies. Many of them agree to split the payment into quarterly or semi-annual installments.
You should delete all of this text and replace it with text of your own. You can modify any text on your page with the Text formatting tools at the top of the page. To add other content, use the Media and Add-ons tabs. If you'd like to change your style template click on Styles. To add or remove pages use the Pages tab.