{"id":2825,"date":"2020-08-19T15:09:04","date_gmt":"2020-08-19T19:09:04","guid":{"rendered":"https:\/\/www.petruzelo.com\/blog\/?p=2825"},"modified":"2020-08-19T15:09:05","modified_gmt":"2020-08-19T19:09:05","slug":"this-is-why-car-insurance-lapses-should-never-happen","status":"publish","type":"post","link":"https:\/\/www.petruzelo.com\/blog\/this-is-why-car-insurance-lapses-should-never-happen\/","title":{"rendered":"This Is Why Car Insurance Lapses Should Never Happen"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you don\u2019t pay your <a href=\"https:\/\/www.petruzelo.com\/auto-insurance.php\">auto insurance<\/a>\npremiums on time or cancel a policy without replacing it with another, your\ncoverage will lapse. You may be unprotected if you get into an accident, you\nmay have to pay a fine, and your premiums may go up in the future, even if the\nlapse only lasts one day. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Can Happen If You Let Your Coverage Lapse<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you cause an accident while uninsured, you will be financially responsible for repairs to your vehicle and the other drivers, medical bills, and other property damage. If you can\u2019t pay, the driver may sue you, and your assets, including your house and savings and retirement accounts, maybe in jeopardy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you cancel your coverage, the insurance company will be\nrequired to notify the <a href=\"https:\/\/portal.ct.gov\/DMV\/Insurance\/Insurance\/Insurance-Compliance-FAQs#:~:text=How%20do%20I%20rectify%20my,Provide%20proof%20of%20insurance.\">Connecticut\nDepartment of Motor Vehicles<\/a>. If you don\u2019t purchase a new policy, you\nwill receive a warning letter giving you an opportunity to enter into a consent\nagreement, get new insurance, and pay a fine. If you don\u2019t, your vehicle\u2019s\nregistration and your registration privileges will be suspended. You may have\nto attend a hearing and may lose the right to register any vehicle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you let your coverage lapse, you may have trouble\ngetting insurance in the future. Some auto insurers will only provide policies\nto drivers with a minimum period of continuous coverage. If you can get\ninsurance, you may have to pay higher rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to Avoid a Lapse in Car Insurance Coverage<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you plan to be away for a period of time and won\u2019t use\nyour vehicle, or if you have a car that you only use during part of the year,\nyou may suspend liability coverage to keep your premiums down. You will have to\nmaintain comprehensive coverage and will not be allowed to operate the vehicle\nwhile it doesn\u2019t have liability coverage. That won\u2019t be considered a lapse in\ncoverage and won\u2019t affect your rates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You may not be able to suspend coverage if you have an\noutstanding car loan or lease. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, if you do suspend your coverage, you may have to\ncancel the vehicle\u2019s registration and pay a fee to reinstate it later. You will\nnot be covered if the car is damaged by weather or vandalism or gets stolen. You\nmay have to pay higher rates later to reinstate coverage.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Find the Right Auto Insurance <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you decide to switch policies, make sure that there is\nno gap between the end date of the old policy and the start date of the new\none. Consider setting up automatic payments so you never miss a due date.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Petruzelo Insurance can help you choose the right coverage\noptions and get you quotes from several leading insurers. <strong><a href=\"https:\/\/www.petruzelo.com\/contact-us.php\">Contact us<\/a><\/strong><strong> today to learn more.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you don\u2019t pay your auto insurance premiums on time or cancel a policy without replacing it with another, your coverage will lapse. You may be unprotected if you get into an accident, you may have to pay a fine, and your premiums may go up in the future, even if the lapse only lasts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2826,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive"],"_links":{"self":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/comments?post=2825"}],"version-history":[{"count":1,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2825\/revisions"}],"predecessor-version":[{"id":2827,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/2825\/revisions\/2827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media\/2826"}],"wp:attachment":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media?parent=2825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/categories?post=2825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/tags?post=2825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}