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	<title>New answer on: What Is Auto Insurance Lapse?</title>

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		<title>By: Tom Sheehan</title>

		<link>https://insurancelibrary.com/auto-insurance/what-is-auto-insurance-lapse</link>

		<dc:creator>Tom Sheehan</dc:creator>

		<pubDate>Thu, 09 May 2013 19:56:26 +0000</pubDate>

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		<description><![CDATA[An auto insurance lapse means that under the terms and conditions of the policy, coverage provided by that policy is discontinued.&#160; Typically, a policy lapses for non payment of premium.&#160; Coverage can be discontinued for other reasons, for example, if an insured decides to cancel the policy or, conversley, if the company decides to non-renew because the risk no longer meets the company&#039;s guidlines as filed with the state Insurance Department.&#160; The State of CT, and many others, require that liability coverage be in force as a condition of the registration of a car.&#160; Thus, if a car insurance policy lapses, and the state DMV therefore is notified, the result could be a fine or suspention of the car&#039;s registration or both.&#160; Likewise, many car insurance companies will not offer coverage for those who have not maintained continuous coverage.&#160; In a case such as that, the car ower would end up being offered coverage usually in a non-standard company at a much higher premium.]]></description>

		

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