Talk to a DUI lawyer right now!

Maintaining Car Insurance Washington DC

Reader’s Question:

Hi! I recently sold my car here in Washington DC but I intend to get another one within six-months, would it be advisable to keep paying my current car insurance policy or just cancel it and get a new one when I already bought a car?

Mary

Washington DC

Good question, it would sound like just another way for an insurance agent to keep your business, but when you are advised by your car insurance provider to maintain your insurance coverage, especially if you intend to get a car again in the foreseeable future, you want to go ahead and take their advise. Regardless if you don’t have an automobile right now you can choose to adjust your coverage so that it becomes a Non-owner’s car insurance, that way even if you are borrowing someone else’s car you still have the financial capability of paying for damages or injuries you might cause others in a car accident. It will also be beneficial for you since, depending on the type of coverage you get, it might no longer be necessary to buy additional rental car insurance in the event you will be renting a car in the future.

It is also necessary for you to know that getting big gaps in car insurance coverage might put you in the position of having to pay inflated insurance rates in the future due to non-continuous coverage. Also, Washington DC’s financial responsibility laws require every driver to carry some form of auto insurance or equivalent financial protection while driving. Regardless which vehicle is being used. Ask your insurance provider if you can drop comprehensive coverage and maintain liability insurance only to keep insurance costs down for the moment.

Tags: auto insurance claims, auto insurance online, car insurance, car insurance company