In Ontario do I have 15 days to get new auto insurance once my old plan runs out?
Question:
Answer:
Doesn't much matter where you are. If you insurance expires, you have no insurance. If you continue to drive, you are driving without insurance. If you wait 15 days, and then apply for a new policy, one of the questions they ask is "Do you currently have insurance?" and your answer will be "NO". That will automatically put you in a high risk class and raise your premium. Contact where ever you plan to get new insurance now, tell them the date your old policy expires, and they can start the new one when the old one expires and you will have seamless coverage.
So that brings up the question, why does everyone THINK they have 2 weeks (or 30 days) before they have to get insurance? If you are trading a vehicle in for another vehicle, and let's assume you pick up your new car on Saturday and Monday is a holiday... Your present insurance policy on your old car will cover your new car until you have a chance to contact your insurance agent to make the necessary changes. If is usually written into the rules as "as soon as you can contact your agent, or in no case any longer than X days." People seemed to think that applied to any car purchase...but it does not. Unless you have insurance specific to the vehicle you own and drive, you are uninsured except for a replaced vehicle, and only for a short time in that case.
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