It’s important to maintain continuous auto insurance coverage to protect yourself financially if you own a vehicle. If your car insurance policy expires you’re taking a big risk by driving without insurance. Here’s what could happen if you let your auto insurance coverage lapse:
Your car could be impounded.
If you’re caught driving without insurance and your car is impounded you’ll have to pay to get it released. The fees can be expensive and in some states your car could be auctioned off if you don’t pay to get it released within a certain time frame.
You could be fined.
Driving without insurance is against the law in most states. You could be fined and in some states your driver’s license could be suspended.
You’ll have to pay out of pocket if you cause an accident.
If you cause an accident and you don’t have insurance you’ll have to pay for the repairs to the other driver’s car as well as any medical expenses out of your own pocket. If the other driver sues you you could end up losing your car and your savings.
Your rates will go up if you decide to get insurance later.
If you let your insurance lapse and then decide to get coverage again later your rates will likely be higher than they would have been if you had maintained continuous coverage. That’s because insurers view drivers who have let their coverage lapse as higher-risk than those who have always had insurance.
It’s cheaper and easier to maintain continuous coverage.
It may be tempting to let your auto insurance coverage lapse if you’re struggling to pay the premiums but it’s cheaper and easier to maintain continuous coverage. You can often get a discount for maintaining continuous coverage and if you let your coverage lapse you’ll have to pay more to get insured again.
The bottom line is that it’s important to maintain continuous auto insurance coverage to protect yourself financially. If your car insurance policy expires you’re taking a big risk by driving without insurance.
What are the penalties for driving without car insurance in California?
The penalties for driving without car insurance in California are a fine of $100-$200 plus a $50 assessments fee and the possibility of your vehicle being impounded.
What is the minimum amount of car insurance required in California?
The minimum amount of car insurance required in California is $15000 per person/$30000 per accident for bodily injury and $5000 for property damage.
What are the consequences of letting your car insurance lapse in California?
The consequences of letting your car insurance lapse in California are a fine of $100-$200 plus a $50 assessments fee and the possibility of your vehicle being impounded.
If you are caught driving without car insurance in California how much will your fine be?
The fine for driving without car insurance in California is $100-$200 plus a $50 assessments fee.
Can you get your vehicle impounded for driving without car insurance in California?
Yes your vehicle can be impounded for driving without car insurance in California.
How much is the minimum amount of car insurance required in California if you want to be covered for bodily injury?
The minimum amount of car insurance required in California if you want to be covered for bodily injury is $15000 per person/$30000 per accident.
How much is the minimum amount of car insurance required in California if you want to be covered for property damage?
The minimum amount of car insurance required in California if you want to be covered for property damage is $5000.
What are the penalties for driving without car insurance in California if you cause an accident?
If you cause an accident while driving without car insurance in California you may be sued for damages and your driver’s license may be suspended.
Can you be sued for driving without car insurance in California?
Yes you can be sued for driving without car insurance in California.
Can you have your driver’s license suspended for driving without car insurance in California?
Yes your driver’s license can be suspended for driving without car insurance in California.
How long does your car insurance have to be expired before you are considered uninsured in California?
You are considered uninsured in California if your car insurance has been expired for more than 20 days.
How long does your car insurance have to be expired before you are penalized in California?
You are penalized in California if your car insurance has been expired for more than 30 days.
What is the grace period for car insurance in California?
The grace period for car insurance in California is 20 days.
After how many days of your car insurance being expired are you considered uninsured in California?
You are considered uninsured in California if your car insurance has been expired for more than 20 days.
What are the penalties for driving with an expired car insurance policy in California?
The penalties for driving with an expired car insurance policy in California are a fine of $100-$200 plus a $50 assessments fee and the possibility of your vehicle being impounded.
