| Message |
Author |
|
 Posted: Thu Jan 10, 2008 2:04 am Post subject: Canceling Insurance |
|
|
| If I can cancel my aut Ins. this would be effect to my next policy Ins? |
|
Goodnaz
New member
Joined: 08 Jan 2008
Posts: 14
8.11 Dollars($)
|
|
| Posted: Thu Jan 10, 2008 4:19 am Post subject: |
|
|
| Quote: | | If I can cancel my aut Ins. this would be effect to my next policy Ins? |
More than likely, yes. Depending on the reason for canceling insurance, most insurers will charge more to insure someone without current vehicle insurance compared to those who are currently insured. Much of this depends on the state where you live and again, why you are dropping the coverage.
If you are selling the car, your carrier will not normally have a problem with a short interruption in coverage, and will usually reinstate coverage if you buy a new car within a reasonable period of time. "Reasonable" depends on the insurance company in most states.
If you are thinking about canceling the coverage simply because you either can't or won't afford it, and continue driving without insurance, well, you'll get what you ask for in the event of a ticket or an accident. So, I'm hoping that you are no longer in need of a car, for whatever reason, and that's the reason you're canceling insurance.
Others will contribute to this thread, so keep watching and let us know what state you live in so we might be able to give you some specifics.
InsTeacher  |
|
InsTeacher
Moderator
Joined: 13 Aug 2007
Posts: 896
Location: Oregon, USA
41.23 Dollars($)
|
|
| Posted: Thu Jan 10, 2008 12:51 pm Post subject: |
|
|
| Quote: | | If I can cancel my aut Ins. this would be effect to my next policy Ins? |
I find this very hard to understand so I'm just gonna say...
If you cancel one policy before you have another (covering the same vehicle) then you have no coverage. I'm really not getting your post, please explain it more clearly.....
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
|
Lori
Moderator
Joined: 10 Sep 2007
Posts: 7543
Location: Missouri
172.39 Dollars($)
|
|
| Posted: Fri Jan 11, 2008 5:49 am Post subject: |
|
|
| Quote: | | If I can cancel my auto Ins. this would be effect to my next policy Ins? |
Are you talking about canceling insurance and getting another auto ins. policy in its place!
Or is it that you're pointing out towards any insurance policy (eg. life, home, health etc) that you might apply?
Regards,
Colorman_doggy
_________________
Register Now to have your Insurance queries solved. |
|
Colorman_doggy
Guest
|
|
