What Happens When I Cancel My Car Insurance?

  1. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is a great question! The first thing that happens is that you are no longer covered if you are involved in an accident. Any damages, injuries, or loss of life will be your financial responsibility, with no help from the insurance company. The second thing that happens is that you now can no longer legally drive. The penalties for being an uninsured driver are stiff, and will leave a black mark on your record that will make it difficult or impossible to get reinsured in the future. Please do not consider dropping your coverage until you have another one in place. Thanks for asking!
    Answered on May 8, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>