Generally, if you have your license or registration revoked or suspended within the policy period, or often within 36 months before the notice of cancellation, your policy could be canceled. Your driver’s license or vehicle registration was revoked or suspended.Generally, if you cause too many accidents or get too many traffic tickets (like speeding tickets) within a certain time frame (generally 36 months), your insurance company could cancel your policy.
You didn’t fully disclose necessary information in your auto insurance application.Here are other common reasons for car insurance cancellation: Contact your auto insurance company to find out its options if you’re having trouble paying. These include extended car insurance grace periods, payment plans and putting a hold on cancellations. 1 most common acceptable reason for cancellation is that you didn’t pay the premium on time.īecause of the COVID-19 pandemic, recently auto insurance companies have rolled out ways for customers to avoid cancellation. You’ll be seen as a “risky” customer and charged more.Ĭar insurance can be canceled for a variety of reasons, often dictated by state laws. Second, there’s the hit to your wallet: Having a cancellation on your record, and the specific reason for the cancellation, can lead to higher rates when you shop for a new policy. For starters, there’s the inconvenience of finding a new insurance company, or trying to straighten out the issue with your current insurer. You don’t want to get a cancellation letter from your car insurance company.
0 kommentar(er)
