is the other car still covered ? i only have liability . . . . . so any answers ? please ! oh , and my insurance , is it canceled if i dont pay it ? or does the bill get just higher . . . . . .
2006-11-30 14:31:59 · 7 answers · asked by michael 1 in Cars & Transportation ➔ Insurance & Registration
If you are supposed to pay a monthy premium (as opposed to paying the six month premium in full) and you haven't paid in 2 moths, your policy is in cancellation status - if it hasn't been fully terminated - and by law, you have no coverage for your vehicle or your accident. I'm sorry, but you are probaly pretty screwed ... =(
2006-11-30 14:40:28 · answer #1 · answered by janine_says 2 · 0⤊ 0⤋
Yikes.. bad idea. Your lucky you didnt kill someone. (Not to be mean- but driving without insurance is a bad bad idea that can cost you millions of dollars)
I am 99% confident that you are out of luck in this situation. I can only speak for my company but likely most have the same basic system. If you miss even one payment- your policy will likely cancel for non-pay effective the day the payment was due. If you are lucky, sometimes they will give an additional month. Two months- no way.
What this means to you is a very expensive lesson. By law, you are responsible for the other parties damages (as well as a rental) yourself. And if they claim injury- we are talking several more thousand dollars if they decide to pursue.
I cannot emphasis enough the important of insurance
2006-11-30 15:01:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You are up the creek without a paddle. Insurance companies insist you pay your premiums to have continuing coverage. Depending on the state in which you live, you can lose your vehicle, your drivers license, be sued, and so on. I truly hope no one was hurt, or you may be working to pay them off for the next twenty years. So sorry.
2006-11-30 14:43:30 · answer #3 · answered by Sweet Gran 4 · 0⤊ 0⤋
You are most likely totally screwed. Most companies will allow you to reinstate your coverage ten days after it lapses, but not sixty. Even if they reinstate it they will NOT cover this loss. Stupid costs -- real stupid costs a LOT. The other driver will most likely file a claim under his/her own policy. Then their insurance company will allow you to reimburse them the cost to repair, usually with monthly payments, until the entire bill is satisfied. Be warned! These guy do NOT play around...you miss two payments with them and they will sue you, they will WIN and they will force you to liquify your assets and attach your wages plus stick you with several thousand dollars of court costs.
Grow up, get two part time jobs and get this mess out of your life.
2006-11-30 15:08:56 · answer #4 · answered by Anonymous · 1⤊ 0⤋
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2016-11-30 00:10:36 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Have they sent you a letter of cancellation? Were you paying monthly or semi annually?
2006-11-30 15:00:58 · answer #6 · answered by Papa John 6 · 0⤊ 0⤋
the insurance company doesn't just cancel you policy without notifying you first,you can go three months or so before it relapse
2006-11-30 14:37:25 · answer #7 · answered by J.B.1972 6 · 1⤊ 1⤋