A quick guide to managing a lapse in auto insurance coverage

LOS ANGELES, CA / ACCESSWIRE / March 28, 2020 / Compare-autoinsurance.org (http://compare-autoinsurance.org) has published a new blog post that explains how to handle a car insurance lapse of coverage.

For more information and free online auto insurance quotes, visit https://compare-autoinsurance.org/car-insurance-lapsed.

Insurance companies prefer to work with clients who have maintained continuous coverage. Customers who let their policies expire or forget to pay premiums are considered high risk. Policyholders will pay more expensive future premiums due to their negligence.

There are many reasons why a person can forfeit coverage. The most common reason is forgetting to pay premiums on time. This also happens when the driver changes carriers, but does not synchronize the expiration date of the old policy with the start date of the new coverage.

When you discover a lapse in coverage, it is important to act quickly. The more time passes, the more difficult and expensive it becomes to be reinstated. The procedure for re-establishing coverage differs depending on the carrier. Some companies can renew coverage, while others will require the customer to reapply for auto insurance and basically start new coverage. Some businesses may require the customer to request electronic payments, in order to avoid missing payments in the future.

For more information on auto insurance and tips for saving money, please visit http://compare-autoinsurance.org/.

Compare-autoinsurance.org is an online provider of life, home, health and auto insurance quotes. This website is unique in that it is not limited to just one type of insurer, but offers customers the best deals from many insurers online. This way, customers have access to offers from multiple carriers in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or national agencies, branded insurance companies, etc.

“When you discover a lapse in coverage, it’s important to contact the insurer and listen to their instructions,” said Russell Rabichev, marketing director of Internet Marketing Company.

CONTACT:

Company Name: Internet Marketing Company
Contact person : Gurgu C
Phone number: (818) 359-3898
E-mail: cgurgu@internetmarketingcompany.biz
Website: http://compare-autoinsurance.org/

THE SOURCE: Internet marketing business

See the source version on accesswire.com:
https://www.accesswire.com/582973/Short-Guide-for-Handling-A-Car-Insurance-Coverage-Lapse


Source link

Justin D. O'Neill