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Who is responsible if you borrow a car and insure it under your name but you let the insurance lapse?
DonnaHellman
Firstly, you cannot insure a vehicle that you do not own. Secondly, with the insurance lapsed there is no coverage anyway. I would expect that the other party who you hit will sue both the owner and the driver of the vehicle as both have a degree of liability.
Wiki User
∙ 11y ago
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What happens if you have a lapse in health insurance?
You are responsible for your own medical bills.
If theres a lapse in hazard homeowners insurance am istill covered?
No. You are not covered in a lapse period. A period of lapse in coverage means " No Coverage ".
What happens if i don't have insurance the day of my crash and go two court with it?
If you are guilty or are found guilty of causing the crash, your lapse of insurance will go against you. You solely will be responsible for any costs, court costs, fines, etc. And do reinstate your insurance!
Has anyone ever had they home owners insurance lapse?
Yes, It happens all the time. You just need to purchase another policy. If the old insurer will not insure you again then just call around to some other companies.
Lapse in car insurance?
A lapse in your auto insurance is a time period for which you had or have no coverage. Either your policy expired and was not renewed on schedule meaning you missed your renewal payment or you missed a monthly payment and the policy was cancelled.
Can an 18-year-old covered under his parents' insurance policy be sued for an accident if his parents allowed the policy to lapse without his knowledge but he had given them his monthly payment?
Yes, the person is an adult and if the accident was his fault is responsible regardless of the status of the insurance coverage.
What do you do if you had no insurance on a financed car and it was stolen?
Keep making payments on a car you don't have and learn your lesson about not letting your insurance lapse.
How long can you let car insurance lapse before it effects no claims?
There is no grace period for claims after a lapse in coverage. The moment your auto insurance "lapses" is the moment you have "No Coverage" from that moment forward you have no coverage for a claim until you get coverage again.
Are parents liable for a 21-year-old who lives at home if he allows his insurance to lapse?
No.
When does an auto insurance policy lapse?
When you don't pay your monthly premium or you don't renew.
How do you use LAPSE in a sentence?
(lapse - a discontinuity, a temporary fall to a lower condition, or a general reduction)Example:I experienced a lapse in concentration and did badly on the test.When he lost his bill, he nearly allowed his insurance policy to lapse.The fall of Rome led much of Europe to lapse into feudalism.The entire construction period was recorded using time-lapse photography.
Can employer allow health insurance to lapse without advising employee?
AnswerCan they? Yes. Should they? No.
