It happens to a lot of people. For one reason or another, your auto insurance may lapse. It’s important to ensure that your auto insurance is in effect, because in Michigan, like most other states, auto insurance coverage is required. You don’t want to accidentally fall astray of the law.
Getting Auto Insurance
It’s a lot easier to keep the auto insurance you have than to go shopping for a new policy, especially if your coverage has lapsed. It’s possible that you could be penalized by other companies for allowing the gap in coverage to occur.
Is There a Grace Period to Reinstate Auto Insurance?
Thankfully, in Michigan, most auto insurance companies have a grace period. This is a period of time, often ranging from 10 to 15 days, where you can simply take care of the outstanding balance and your auto insurance will be in full effect again, like nothing every happened. Sometimes, the grace period could be up to 30 days. It depends on the auto insurance company. Your insurance representative at Phil Klein Insurance Group, serving West Bloomfield, MI and surrounding areas can tell you what applies in your specific situation.
This essentially means that, if your auto insurance does lapse, you shouldn’t give up. Chances are, you’re still within that grace period and you can make everything right again.
What to do if Your Auto Insurance Lapses
Your best course of action, if your auto insurance lapses, or you become aware of an impending lapse, is to contact your auto insurance company at Phil Klein Insurance Group, serving the auto insurance needs of West Bloomfield, MI residents, as soon as possible. The worst thing you can do is ignore the situation, since auto insurance is a requirement in Michigan. Contact us today for help.
