Essentially, the grace period is your final notice to avoid a policy lapse. If you don’t pay by the end of the grace period, your insurer could cancel your policy-leaving you uninsured and making it harder and often more expensive to get new coverage. Once you make your payment, you’ll remain on the same policy. Typically, you’ll have what’s called a grace period-often between 10 and 20 days, depending on your state-to make your payment without your policy being canceled. If you miss a payment or don’t renew your policy on time, you’ll receive a notice from your car insurance company before they drop your coverage.

Find the right coverage amount for your needs and that you know you can afford. The lower the perceived risk to insure you, the more likely your insurance company will keep you as a customer. The Root app makes sure you have legal coverage that meets your state’s minimums.ĭrive safely. Liability is required in all states except New Hampshire. Consider setting up automatic payments through your insurer or bank.Ĭarry at least your state’s minimum insurance levels. In addition to keeping track of when your car insurance bills are due each month, keep an eye on when your policy will end, so you’re ready to renew. If possible, it’s best to avoid a coverage lapse in the first place. But remember, driving without insurance is illegal, unless you live in New Hampshire. Sometimes traveling abroad or not needing to drive for a time can be the reason someone ends up with a gap in their auto insurance coverage.Ī lapse in coverage usually means you need to reinstate with the company you were previously with, if possible, or find a new insurance company. This leads to very high premiums! That’s why it’s smart to secure new auto insurance and have your dates set before you cancel your policy.An insurance lapse is a period of time when a registered car does not have the legal minimum amounts of car insurance coverage.Ī lapse can be due to cancellation from not paying your premiums, not renewing a policy when it ends, or from getting dropped by an insurance company after too many accidents or tickets. It’ll be deemed a coverage lapse on your driving record, and you’ll be labeled a high-risk driver. Make sure you don’t go a day without car insurance coverage. You don’t need new insurance to cancel your policy-but we highly recommend it.

Do I need new insurance before I cancel my current policy?.

They can probably help you find a date to avoid the fee. SafeAuto usually charges a cancellation fee, but you can call SafeAuto’s customer service line to see if it applies to you.

Is there a cancellation fee for SafeAuto insurance?.

But to avoid them, simply wait until your renewal date to start your new policy.

In the grand scheme of most insurance premiums, those fees aren’t likely to make a big difference.

You can cancel your policy with SafeAuto insurance anytime you want, though if it’s early in your policy term, there’s a chance you’ll have to pay a fee. Can I cancel my SafeAuto insurance policy at any time?.If you’re canceling months before your current policy expires, you might be charged a short-rate penalty or cancellation fee. You might have to write a letter to cancel your auto insurance policy. They’ll let you know your renewal date and go through your cancellation options. To cancel your SafeAuto insurance policy, start by calling SafeAuto customer service. How do I cancel a SafeAuto insurance policy?.

Safe auto cancel policy