Most people understand why it is important to keep your auto insurance in force.  It’s the law.  That doesn’t scare 1 out of 7 people out there who are driving around uninsured.  What you may not know, is there is a financial consequence to having a gap in your auto insurance.

People who have gaps in their auto insurance, file more claims.  It’s a statistical fact.  So if you let your insurance cancel, and go to get another policy, your premiums could be drastically different.

The length of the gap may be dependent on your state or your insurance company.  I know with my company, if your insurance lapses with us, you have 30 days to reinstate the policy and keep it going.  If you come to me with ANY gap from another company, I cannot write you in our preferred company.  We have to place you with a higher risk carrier.

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