If I let my Auto insurance policy lapse, and my company cancelles it, I am i still liable to pay more premium?

Question:

My Auto insurance policy was cancelled for non payment, and withing the time of cancellatio, I had an accident. originally, my insurance copmany wanted me to come in and reinstate the policy but as soon as they find out that a case was taken out under my name, they refuned me the reinstatement money back and a few days later, they sent me another letter requesting for payment owed before the policy was cancelled. my questions is, should I sent them another payment or not. since they cancelled my policy and refused to cover the accident cost, I don't think I should send them any more money, should I? thank you so much for your help.

Answer:
Well, they won't cover the accident in any case since it happened while you were uninsured. If you were canceled for non pay, you may also now not have a license to drive, since many states will suspend a license upon getting notified that you have let your insurance lapse. I don't recommend this usually, but I think in your case you need to consult with an attorney and find out your options before you are out lots of money and required to file an SR 22.

Good luck.

I have had this happen. My ins. co cancels my policy if my payment isnt exactly on time. Whenever they do this I have to go in and sign a waiver stating that I have been in no accidents etc. during the time of cancellation. Since you are not asking them to cover the cost of the accident they should not require you to pay the premium of the month that they canceled you . You should have to pay the premium to get restarted. I think I would shop around for a new ins. co- who knows you might find one cheaper!

Dont give them another dime.go get better insurance.
Here is a cheap good insurance site.
http://www.progressive.com

If I let my Auto insurance policy lapse, and my company cancelles it, I am i still liable to pay more premium?

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