Despite your best efforts, you may find yourself in a situation where it is hard to pay your bills. If you are facing such a case, your auto insurance is one of the bills that you should ensure you pay on time, every month. Here at Karla Salmon Insurance, serving the greater Oviedo, FL area, we know how devastating an auto insurance lapse can be. Here are a few of the reasons why you want to avoid a lapse in your auto insurance.
Your Vehicle Is Not Insured
One of the biggest reasons why you want to avoid a lapse in auto insurance coverage is because your vehicle is not insured if your auto insurance coverage lapses. If you are in an auto accident, you will have to pay for all of the damage done to your car and the other driver’s car out of your own pocket.
Your Registration May Be Suspended
In the state of Florida, you are required to carry minimum coverage auto insurance to register your car. If your auto insurance coverage lapses, your registration can be revoked. This can cause you to get pulled over and face a traffic ticket.
You May Face Higher Auto Insurance Rates in the Future
The last reason you want to ensure your auto insurance policy never lapses is because your auto insurance rates can be higher if you do not have continuous auto insurance. If you have one or more lapses in coverage, you are considered an at-risk driver and many insurers will increase your rates. Maintaining coverage helps to keep your rates lower.
Auto insurance is something every driver needs. If you are looking for a new auto insurance policy, turn to Karla Salmon Insurance, serving the greater Oviedo, FL area. We can help find you the best policy for your budget and needs. Give us a call today to get started.