I have a 6 month auto insurance contract that’s about to run out in a week. Without double checking my rate, I resigned another 6 month contract. When I received my bill in the mail today, I realized that my rate had been jacked up for no reason. However, the bill says that if my payment is not received before a certain date that the policy will expire. Will I get in any trouble if I simply don’t pay them and get insured elsewhere?
I signed a 6 month agreement for car insurance without realizing that my rate got raised for no reason. Am I screwed?
byu/boooooooooooooooooof inInsurance
Posted by boooooooooooooooooof
3 Comments
The reason is increased costs. You can get different insurance but be sure there is no lapse in coverage.
we’ve had a bizarre influx of people who think if you stop paying your bill, it goes away. we get like five people asking the same question a day when we used to get it like once a week lmao it’s bizarre
yes you can leave early. but you need to call them and tell them you don’t want that policy any longer or else they’ll just keep billing you and send it to collections
There is no legal requirement to stay with them, you have the right to shop around. However, make sure you find something new before you let it lapse.