What Are The Typical Reasons For Which A Policy Can Be Canceled?
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UPDATED: Jul 15, 2021
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Here are a few examples:
1. Your policy will be cancelled if you do not pay its premium.
2. A revoked or suspended driver’s licenses can cause cancellation of your policy – even if the guilty party is not you. It could be someone who lives with you, or someone who customarily operates your auto.
During an initial period (typically 60 days) from the time the policy goes into effect, the company may notify you that they do not intend to continue the policy.
If you get coverage from another insurance company, your policy with the first company needs to be cancelled and in some cases your new company will offer to send the cancellation notice for you.