Late Car Insurance Payments Connecticut CT

Reader’s Question:

I’m late for my car insurance premium payments here in Connecticut. What will happen to my car insurance policy?

Nicolette

Bristol, CT

The possibility of cancellation is very likely if you fail to pay your car insurance premiums on the due date, and some companies in Connecticut will consider cancellation even if you’re only a day late in your payments. Check Connecticut’s insurance laws if it is permitted in your state for an insurance company to cancel your policy right away for failing to pay premiums. Usually, insurance companies have a certain period of time allotted for late payments, and they will notify you if your policy is being cancelled.

Don’t be disheartened by this fact because insurance companies will let one circumstance slide in order to continue business with you. But if you continually forget paying on the due date, the insurance company will be forced to terminate your policy. Late payment fees are often added to your premium payments making it more expensive for you. Moreover, a cancelled policy may take some time to be reinstated after you’ve paid all you’re previous premium balance.

Your credit score may also be affected should your car insurance policy be cancelled, which in turn could lower your chances of getting a policy with a different car insurance company. Make sure you call your local insurance provider if you won’t be able to pay your premiums on time to avoid cancellation. I’m sure you and your insurance provider can come up with more flexible payment method.

If you really have a very hectic schedule, there are many car insurance companies in Connecticut who accept premium payments over the internet. If you want, you can contact your bank and inquire about how you can set your account to automatically pay your car insurance premiums on the due date assigned.

Tags: auto insurance policy, auto insurance premium, car insurance law

Driving Without Automotive Insurance Connecticut CT

Reader’s Question:

I got in an accident here in Connecticut. I was hit by a van at a red light. I am not insured, but the other driver is. Will I be covered by his auto insurance?

Janice

Hamden, CT

Typically, if the other party is proven at fault, his automotive insurance would cover the damages brought by the accident. A licensed claim adjuster would assess the situation by getting your version of the incident, as well the other driver’s version. Along with these, other facts and information that are relevant to the incident would also be gathered and reviewed in order to assess the situation fairly. Once the claims adjuster has come up with a decision, he or she will report this to the other driver’s automotive insurance company for further actions.

Since this incident has to be reported to a law enforcer, you may get a citation from the officer for driving without automotive insurance. In most states, including Connecticut, every driver is required to carry the insurance of the vehicle he is driving. If you are caught driving a vehicle without the capacity to show proof of insurance, you may face certain penalties such as monetary fine. It is also possible that your license will be suspended as penalty for this violation. Normally, if your license gets suspended, you would have to get SR-22 insurance in order to get your license reinstated. The SR-22 insurance is a liability insurance that shows proof of financial responsibility under the minimum coverage required by the state.

Tags: driving without insurance, liability insurance, sr22 car insurance