My Car Insurance Lapsed and I Had an Accident [What to do]5 min read

My Car Insurance Lapsed and I Had an Accident – how am I going to go about it?

Regardless of how consistent you’re in renewing your car insurance policy, you may find yourself in a situation where your car insurance lapsed and you had an accident when you’ve not renewed the policy yet.

When this happens, you may be facing certain financial challenges which can make you start thinking if it’s a must to have car insurance!

You may be asking yourself – can’t I drive safely without insurance?

Why not use this money for renewing my car insurance and use it to settle other immediate needs?

While you’re on this page, TheYoungBoss – your sure insurance plug will take care of the topic “My Car Insurance Lapsed and I Had an Accident”

Let’s get started…

My Car Insurance Lapsed and I Had an Accident – What does this mean

The meaning of the statement “My Car Insurance Lapsed and I Had an Accident” is self-explanatory.

It simply means that your car insurance lapses and you don’t have any insurance coverage that will protect you at the time you had an accident.

Reasons why your car insurance lapses

Below are some reasons why your car insurance lapses:

1. If you don’t renew your insurance policy, it will elapse
2. When you don’t pay your insurance bill

Once your insurance lapses, just have in mind that you’re not covered – if anything happens, you will pay every cost that occurs.

Imagine if you had an accident when your car insurance lapses and you’re the at-fault driver!

What it means for your car insurance policy to lapse

Considering the topic “My Car Insurance Lapsed and I Had an Accident”, what it means for your car insurance policy to lapse is that at that moment you’re not covered.

This means that you don’t have an active car insurance policy that will protect you against uncertainty.

If your insurance policy lapses and you got involved in an accident, you’ll from your pocket pay for any damages that the accident incident caused.

Moreover, in that accident, if you’re the at-fault driver, you’ll pay for your damages and still pay for the other driver’s damages; including bodily injuries.

Once your car insurance lapses, your auto insurance company (that is your policyholder) will end the contract they signed when they issued you the policy.

My Car Insurance Lapsed and I Had an Accident – Detailed

“My Car Insurance Lapsed and I Had an Accident” when your car insurance lapses and you had an accident, you’ll be liable for paying every single damage that results because of that accident.

In some countries like the United States, if you’re not covered by any insurance company, you’ll pay for every loss that happens to your car out of your pocket.

Meanwhile, if your car insurance lapses and you had an accident, the proper way of treating accident cases through traditional rules that accident incident will be applied also.

However, you can negotiate with the driver that was involved in the accident and negotiate with him on how you’re going to pay him for the damages.

What will happen if my car lapse for just one day?

When it comes to car insurance even when your insurance lapses for just one day, it can result in the driver spending what he doesn’t expect because he’s covered.

Relating to the topic “My Car Insurance Lapsed and I Had an Accident” you may be unlucky and that single day that your car insurance lapses, you’ll get involved in an accident which may cost you more than purchasing/renewing your former car insurance at the cost of paying for damages.

Over time we have noticed that drivers who allow their car insurance to elapse are not because they don’t have the cash at hand but because they are bad drivers.

To avoid an issue that may arise when your car insurance lapses, we recommend that you renew your car insurance policy even before it expires.

What you should expect when your car insurance lapses

Below are some things that are likely going to happen to you when your car insurance lapses:

1. You’ll be responsible for paying every single damage when your insurance lapses
2. Renewing your insurance when it lapses may likely going to attract extra charges
3. If you get involved in an accident, you’ll pay every single penny that needs to be paid including bodily injuries
4. Your state law may track you because you’re violating their law

What you should do when your car insurance lapses

When your car insurance lapses, we recommend that you stop driving any car at that moment until you get new coverage.

This is to make sure that you don’t fall victim and started throwing the topic “My Car Insurance Lapsed and I Had an Accident” to online platforms.

Note that you need should have your state’s minimum liability insurance when requesting an insurance policy.

TheYoungBoss recommends that you purchase your auto insurance from recognized insurance companies like Geico, Progress, State Farm, etc.

Can you get car insurance if it lapsed?

Yes! If the lapse period for your insurance is short, your insurance company may decide not to add extra charges once you renew your deal.

Can you add insurance after the accident?

Unfortunately, collision insurance cannot be added after the accident.

For your collisions to be added to your insurance, they must happen after you have purchased your collision car insurance.

Your accident incidents will be covered by your insurance company if it happens after you’ve purchased your auto insurance policy. My Car Insurance Lapsed and I Had an Accident

How long after an accident can you tell your insurance?

A lot of insurance companies specify that their subscribers should inform them of any accident incident at least within 24 hours.

This is to ensure quick coverage on any of their customers.

What happens if someone hits you and their insurance is expired?

In this case, the DMV will obtain all the necessary data from the at-fault driver and take it to the court for further observation.

At this process, the drivers driving license will be suspended for having an expired insurance policy.

Conclusion

This guide detailed all you should know concerning the topic “My Car Insurance Lapsed and I Had an Accident”

You can use our “Table of content” to navigate through the article.

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