Your Auto Insurance Expired Yesterday [Expert Advice]

My auto insurance expired yesterday. So, what happens if your car insurance lapses for one day? Even if you have a one day lapse in car insurance, you have a very good reason to act quickly if you discover that your auto insurance coverage is expired. It is a legal requirement to have auto insurance…

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Can my car insurance be backdated?

The idea behind car insurance is to protect drivers from losses stemming from car accidents. In the event of an accident, the insurance company will pay for the resultant costs on your behalf and you’ll only pay the excess. But what if you didn’t have coverage? Is it possible to backdate your car insurance and…

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What does it mean to let your auto insurance lapse?

Auto insurance is one of those intangible products that you need to buy but that you don’t really want to use. Since you have to experience some sort of incident to use your policy, your coverage is really just protection that offers you peace of mind until disaster strikes. Unfortunately, if disaster strikes during a…

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How often is car insurance paid?

When it comes to insurance payments, there are several options available to you. In the past, insurance had to be pre-paid for a six-month or one-year term, but companies started offering monthly auto insurance rates that are easier on tight budgets. However, taking advantage of the monthly options can lead to higher fees. Here’s what…

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