Does SR22 Insurance Company Cancel My Policy for Non Payment?
Q: Can my San Antonio SR22 company just cancel my insurance if I don’t pay?
A: There are usually laws regulating how a San Antonio SR22 company can cancel someone’s insurance policy and when, so it’s a difficult thing to do, but one of the easiest ways to get it done is if you choose not to make a car insurance payment. What happens next will depend on your company’s policy. Some have a grace period of as much as ten days, so if you don’t pay you will be able to continue insurance until up to ten days and make your payment. Others do not. Consider this when choosing your SR22 insurance company.
Just because a company does have grace periods doesn’t mean their patience is endless. While you may be able to exploit the grace period once or twice, multiple uses of it can end you without a car insurance policy anyway, or in any case without it being renewed.
When an insurance company choose to cancel or not renew your policy for reasons other than non payment, they have to give you notice a certain amount ahead of time, so that you have time to contest it and/or find new insurance.
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