0
First, your policy will be cancelled. Then, depending on what state you live in, the insurance company reports the cancellation to your Motor Vehicles department. Depending on how efficient they are, either your drivers license or car registration (or both) can be revoked. In some states, law enforcement will come to your residence and remove the plates from the vehicle.
If you have a lien on the vehicle, you're still paying on it, your lender may impose their own insurance on the vehicle. This is expensive, and does nothing to protect you. It only protects the bank in the event the car gets totaled. In many states, lender-imposed insurance does not meet state standards, so you still get revoked, and still have to pay for the car and the lender-imposed insurance.
Then you have to pay the state to get your license/tags back, plus a penalty. You have to pay a large down payment to re-establish normal insurance. In some states, you may be forced to get SR22 insurance, which is up to three time as expensive, before you can get your license back.
It's easier and cheaper by far to pay the car insurance bill on time.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
You have insurance but they dont want to pay for the wreck and damage to the other car to get fixed so do you pay for it out of your pocket?
By law they have to pay for it! That's why you have it.
How do you get car insurance if you dont own a car?
You can get a car insurance unless you will buy a car.
If your car is up for repo but is stolen before you return your car what happens?
When your car is 'stolen", you file a stolen car report with the cops. Then your INSURANCE will pay off the loan. The lender will deal with the insurance co. and alls well. You dont have a car, but no payments either. BTW, the insurance co. HAS to be sure its stolen or they wont pay the loan off.
Where do you pay your car insurance?
To the insurance company.
What if you rear end someone and you dont have driver license and car insurance will their car insurance pay for her car and your car?
If it was your fault it's your responsibility to pay. If you haven't got insurance it'll be out of your own pocket.Added; Based on the fact that 99 9/10% of rear end collisions are the fault of the following vehicle - - the other party's insurance company will pay to repair her vehicle but will NOT pay to repair yours, and they may take YOU to court to recover their out of pocket costs.
What happens if you have no insurance and you totaled your car?
you will have to pay a debt and GET CAR INSURANCE
What happens if a car hits a tree will insurance pay?
Yes your insurance will pay for it because if you have good insurance it will pay for it
Why do people need insurance?
So in case they get into an accident their insurance can pay for the damage. -becuase if you dont have insurens on your house and i burns down in a fire, you have to pay for it all by yourself. if you get in a car reck or if someone totals your car, you have to pay for the dammage. with ensurance you pay a monthly fee and if something like that happens your covered.
How much will you have to pay to get your car back if it was totaled and the insurance company refuses to pay?
The insurance company will pay you the worth of your car minus your deductible.
Will your car insurance pay for the car that your son hit even though he is not on your insurance?
if he is not on your insurance he is required to have his own insurance otherwise he is driving your car without insurance with or without your permission illegally so no it will be the get out clause the insurance company will use not to pay out and why should they pay for someone who has not paid for there services
Do i need car insurance if i dont own a car?
no
Your car was hit while parked and they left no note will your insurance pay for this?
If you have full coverage on your car, then your insurance should pay. But if all you have is liability insurance, then no, it won't pay to fix your car. But there is a chance that your uninsured motorists coverage will pay for the damages, if you have it.
