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As far as your insurer is concerned, you may cancel your policy at any time.
If your vehicle is being financed, however, your lenderrequires that you maintain coverage for physical damage to the vehicle at all times. Many lenders will require you to immediately pay off a vehicle that has been impounded.
While your state has minimum requirements for liabilitycoverage, often you can surrender your registration or submit a non-use affidavit and drop your liability coverage for an out-of-use vehicle.
What else can I help you with?
If you have insurance on your car can it be impounded?
Yes the police have the athority
California can your car be impounded for no proof of insurance?
yes it can.
What happens if a guilty party cancel their car insurance after a claim has been submitted?
It would make no difference as long as they had coverage on the date and time of the accident. They can cancel the policy after the accident and coverage would still be provided.
Does your car get impounded if you dont have proof of insurance?
It depends on the legal jurisdiction, and the decision of the officer who made the stop. But, yes, in many locales you car can be impounded.
What if you get into an accident with no insurance but your not at fault?
I think you'll get your car impounded.(in the USA)
Do you have to cancel your insurance on a car that you have traded in when you have 3 weeks left to claim 1 years no claims?
Have your insurance agent transfer the insurance from the old car to the new car. You will then have no loss of coverage and will be able to get credit for the "1 year no claims" at the appropriate time.
Can you drive a car that is not insured but you have insurance?
No. Generally, your policy covers you and your own car. It is illegal to drive an uninsured vehicle in almost every state. If there is an accident, there will be no coverage, the car will be impounded and you will be arrested. However, insurance laws vary from state to state. You should speak with an agent who does business in your state.
What happens to your car insurance when you sell your car?
When you plan to sell your car you should notify your insurance company of the pending sale. It will provide you with instructions on how to transfer title properly, surrender the plates and cancel the insurance if you aren't transferring the coverage to a new car. Generally, the insurance company won't cancel the insurance until the plates are turned in or transferred to another vehicle through the RMV. That means the company will continue to bill you until the transaction is properly completed.If the insurance was paid for and the policy is cancelled during the coverage year the company will issue a refund based on their own calculations.
Will cop take your car away if you have no registration and no insurance?
It can be impounded in some states.
If your car is stolen can you cancel your insurance?
I Think You Can Cancel Your insurance....idk That's Just My Guess..
If i cancel my full coverage and my car get stole they cover it?
Not if you now only have liability coverage.
How can you budget your car insurance?
You can budget your car insurance by changing the coverage that you have on your car. Liability only insurance, or your state minimum is going to be the cheapest insurance but doesn't provide much coverage. As you add coverage the price goes up.
