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You can stop paying car insurance when a) you no longer drive or b) you no longer own a car. You should always have car insurance if you're an active driver because you never know what could happen on the road. Insurance will handle most of your paperwork and deal with repairs, rentals, towing, etc.
What else can I help you with?
Can you stop paying for car insurance during a divorce?
You can unless it is court ordered then you really should comply.
Should I continue paying car insurance if the car is totaled and have it removed from my policy?
If you plan on continuing the coverage on your new car then the answer is yes. If you don't get a new car then STOP!
When a car is repossessed what do you do with the insurance?
When a car has been repossessed the person paying the insurance should cancel it.
What happens if you stop paying insurance on a paid off car?
Depending on the state the DMV can suspend the registered owners drivers licenses.
How can I stop paying mortgage insurance?
You can stop paying mortgage insurance by reaching 20 equity in your home, either through paying down your mortgage or an increase in your home's value. Once you reach this threshold, you can request to have the mortgage insurance removed.
Do you have to continue paying your insurance if your car is stolen?
No, as long as you have let your insurance company know they car is stolen.
Does paying car insurance monthly build your credit?
Paying your insurance premiums do no report to any credit reporting bureaus.
If you sell your car should you continue paying insurance until you get another car?
no
Is a Mitsubishi eclipse considered a sports car on insurance?
Yes, any 2 door car is a sports car when it comes to paying insurance
Do you need to carry on paying car insurance after you have an accident?
yes
Can your car be repo if you have no insurance?
The repo man will not care if your car has insurance or not. If you haven't been paying for your car, the finance company or bank will take their car back.
What is expiry date on insurance policy?
For term it is when you stop paying. When do you want it to be?
