Car Insurance Lapse

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Car Insurance Lapse

A lapse in car insurance coverage means you own a vehicle that no longer has the state required minimum coverage limits. The auto insurance industry considers the lapse period to be from the time your coverage stops until You get new car insurance coverage or your coverage is reinstated ..Reinstating Lapsed Coverage. Your first step in reinstatement after having a lapse in auto insurance coverage should be contacting your insurance agent or company directly. Many companies do have provisions for a grace period. If you simply forgot to pay your premium, you may not face any repercussions..

A lapse in car insurance coverage means you own a vehicle that no longer has the state required minimum coverage limits. The auto insurance industry considers the lapse period to be from the time your coverage stops until You get new car insurance coverage or your coverage is reinstated ..Reinstating Lapsed Coverage. Your first step in reinstatement after having a lapse in auto insurance coverage should be contacting your insurance agent or company directly. Many companies do have provisions for a grace period. If you simply forgot to pay your premium, you may not face any repercussions..