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Questions About A Lapse In Insurance.
NefCanuck Offline
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#9
09-23-2009, 11:58 PM
ZTWsquared,Sep 22 2009, 10:18 PM Wrote:
torradan,Sep 22 2009, 09:23 PM Wrote:Wow, I was really hoping there would be another lesson involved.  And another chance at a money grab.  Bummer.

Thanks guys!
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Usually it is the new insurance company that extracts the pound of flesh ... they have the right apparently to charge someone who let their insurance lapse as if they were a new driver ... so he may yet be in for a surprise once the new insurance company finds out he did not have continuous coverage.
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That only kicks in AFAIK if the insurance has lapsed for 12 months or more.

At that point the vict^H^H^H person requesting insurance will be treated as a new driver and KA-WHAM!

NefCanuck
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Questions About A Lapse In Insurance. - NefCanuck - 09-23-2009, 11:58 PM

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