Lapse in insurance coverages
Posted by: info | October 28, 2006
It is very important to keep up to date with your insurance and never allow or go with a lapse in coverage. This can and probably will increase your premiums the next time you buy auto insurance. I know sometimes when you can’t make a payment it is very tempting to not open the auto or homeowners insurance mail or put it off to a later date. Try and contact your insurance company and ask for help early, this may increase your chance of having a payment plan set up for you or maybe allow you additional time to pay. If you wait until you get a final notice it most likely will be to late for the insurance company to assist you with your financial difficulty. So try and stay on top of your situation and keep current with your insurance company. Worst yet you have a lapse in coverage and then you get a ticket or have an accident, putting yourself in an impossible situation you may not be able to get out of.
Posted in: Insurance |
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