Car insurance expires in 2 days but I don't plan to drive until July...any penalties?

N

NBA GURU

New member
I've never had a gap in insurance but for financial reasons I decided I can't renew until July. What would happen if I let it run out? I live in an apartment complex so the car won't be parked on the street where I can get towed or get tickets.
 
You will not be in trouble with the law, since you are not driving the vehicle.
But you ought to check with the insurance company to see whether there is any monetary penalty for allowing your coverage to lapse. It's possible that they would raise your insurance rates. Since you are planning only a short lapse, maybe there won't be. But it's best to be sure, since money is a concern to you.
 
You will not be in trouble with the law, since you are not driving the vehicle.
But you ought to check with the insurance company to see whether there is any monetary penalty for allowing your coverage to lapse. It's possible that they would raise your insurance rates. Since you are planning only a short lapse, maybe there won't be. But it's best to be sure, since money is a concern to you.
 
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