Getting Back on the Road

If your auto insurance policy has lapsed, you should not drive uninsured. If the policy lapsed as a result of missing a payment, it’s best to contact your insurer directly to see if you can be reinstated immediately. Otherwise, going even a short time without coverage will place you in a higher risk category, which means that your premiums will spike.

In some cases, such as if you were in the military and stationed overseas or you have been in the hospital for an extended stay, you may be spared rate increases. If not, the best way to shop for a policy is to enlist the help of an independent insurance agent, who can take your specific circumstances into consideration.

Note: If you decide to cancel your auto insurance policy because you will no longer be driving, contact your insurance agent and find out how to cancel your policy officially.