0
Yes, either by contacting the insurer or the agent to cancel it, or by not paying the next premium when due. However, most states require auto insurance as a condition of registering the vehicle and renewing your driver's license. Therefore, if you have no applicable coverage when you try to do either, problems will arise.
Further, if you are involved in a collision that is your fault and do not have liability insurance, you may be personally liable for the other party(ies) damages. In turn, if you are sued for those damages and a judgment is entered against you, the Financial Responsibility Laws of most states dictate that your license will be suspended until payment of the damages is arranged. You are generally also required to obtain an SR-22 which is a type of high risk liability insurance and to maintain it for a stated period of time provided by statute.
Still curious? Ask our experts.
Chat with our AI personalities
Professor
Coach
EzraAdd your answer:
Earn +20 pts
What do you do about your car insurance once your car is repossessed?
Cancel your policy.
Can you cancel your car insurance policy?
You sure can cancel your insurance policy BUT you might not want to. In our state insurance is required to drive a car or truck and you can be fined and lose you drivers license if your caught driving without insurance. I would question the wisdom of cancelling your insurance
Do car insurance companies have to give your car back or compensate if they cancel your policy?
Give your car back
How to cancel my progressive policy?
If you ask your insurance company to cancel your policy, they will.
Car insurance criteria for cancels due to accidents?
A car insurance company can cancel your policy for many reasons and they are not obligated to provide you with insurance. Different companies have different criteria for cancellation of a policy due to accidents.
Does car insurance payment continue during a suspension?
Yes it will continue unless you call and cancel the policy.
How long does it take to cancel your life insurance policy?
I have a whole life insurance policy, how long does it take to cancel it, also can I get money back from it.
If I cancel my insurance policy, will I receive a refund?
If you cancel your insurance policy, you may receive a refund for the unused portion of the premium you have already paid.
Can insurance cancel your policy?
Depends on the provider
How can I cancel joint life insurance when one party doesn't consent?
This will depend on some factors. Who is the policy-owner? The policy-owner is the only person who can cancel the insurance policy,
Can you stop a term life insurance policy?
Yes, you can. Call the life insurance company and cancel the policy.
What is needed to add home insurance to replace a forced insurance policy?
Cancel the forced insurance policy and add terms and conditions to your homeowner policy.
