Car Insurance Guide 2020: How To Handle a Car Insurance Lapse

LOS ANGELES, Feb. 6, 2020 /PRNewswire-PRWeb/ -- Compare-autoinsurance.org has released a new blog post that explains why drivers should avoid car insurance lapses and what to do if they find themselves in this unpleasant situation.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/what-to-do-after-a-car-insurance-lapse/

A car insurance lapse means that the vehicle is no longer insured, not even by the state's minimum requirement. Basically, the driver is uninsured. There are two main reasons why a driver would end-up with lapsed coverage: he either has forgotten, or he has no money to renew coverage. In both cases, it is best to review the current coverage offers, by using the free online quotes provided by http://compare-autoinsurance.org

    --  The first thing to do when discovering a lapse, it to call the insurance
        company. In many cases, the driver has simply forgotten to pay the
        premiums. However, even unintentional, the company will still have to
        apply some rules and negotiate reinstating coverage.
    --  Drivers with just a few days of coverage lapse can be easily reinstated.
        Furthermore, they can be reinstated by the same carrier.
    --  Drivers with longer coverage lapse periods have a different negotiations
        outcome. It all depends on the carrier and the client's history. If the
        policyholder has been a client for a long time, he has been a good
        driver, the company may decide that they want him back. But in many
        cases, the driver may have to look for other insurance providers.
    --  The reinstatement procedure also differs by the carrier. Some companies
        may renew the current policy, while other companies will ask the driver
        to reapply for a new, more expensive coverage. Plus other payment
        conditions, like electronic payment methods.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit http://compare-autoinsurance.org

SOURCE Compare-autoinsurance.org