Auto Insurance Cancellation Basics
When you enroll in a new auto insurance policy, you are most likely not thinking about when you are going to cancel it or if you should renew the policy. However, taking the time to fully understand auto insurance cancellation and non-renewal can help to make sure that you are not left without any coverage on the road.
Auto insurance non-renewal happens when your insurer decides that you are not worth the risk to continue your coverage. Having too many claims or a poor driving record can lead to non-renewal. Your auto insurance provider will need to give you at least a months notice for non-renewal. Keep in mind that once you have a non-renewal status, it will put an unfavorable mark on your insurance record.
Auto insurance cancellation can be a little bit more serious and can be the result of violating any terms of your policy. The issue can be the result of an arrest for a DUI, late payment, or insurance fraud, which can lead to your insurance company cancelling your policy at any point. Your auto insurance company is not required to notify you if they decide to cancel your policy, which could mean scrambling to find a new policy so that you do not have to deal with a lapse in your coverage.
The best way to avoid non-renewal or cancellation is to enroll in automatic payments so that you never miss your premiums. Following all the rules of the road and avoiding any tickets or other violations can also help to reduce your chances of cancellation or non-renewal.
For all of your auto insurance needs to make sure that you have the coverage that you deserve on the road, contact the Insurance Agency of Dean Davis in Austin, Texas.
High Risk Insurance Basics
Most people on the road, especially if they have been driving for a long time, have had some type of ticket. However, there are also those drivers who have had multiple or more serious tickets, which can lead to very high insurance rates. High-risk insurance, also known as non-standard insurance, is meant to provide coverage for those drivers who have had multiple run-ins with the law.
There are many situations in which you can be considered a high-risk driver to your auto insurance carrier, including:
- If your license has been revoked or suspended and you require an SR-22 in order to reinstate it. If you need an SR-22 to get back on the road, the Registry of Motor Vehicles will notify you.
- If you are 70 years old or older. Some insurance companies will view entering into your golden years as also making you a high-risk driver.
- If you are 20 years old or younger. Statistics have shown that people who are 20 years old or younger are more likely to get a traffic ticket or be involved in an accident, making you a much higher risk to your insurance company.
- If you have a past history of violations or auto accidents. The more points you have on your record due to past tickets or accidents can cause higher rates for your auto insurance.
- If you have been convicted of a DUI or DWI. Being convicted of a DUI or DWI can lead to serious hikes on your auto insurance, while also qualifying you for high-risk insurance.
For all of your auto insurance needs and to ensure that you are properly protected while on the road, contact the insurance experts at the Insurance Agency of Dean Davis in Austin, Texas. We will work with you, no matter your past driving record to ensure that you have the right amount of coverage.
New Year’s Safety Tips
As the 2014 year comes to an end, it is the perfect time to get out your party clothes and plan for all of your holiday festivities. No matter how you decide to ring in 2015, it is important to make sure you know how to stay safe. Keep these New Year’s safety tips in mind to ensure that your New Year does not end in disaster or a DUI.
- Have a designated driver – if you have a friend who does not enjoy drinking, ask them to be your designated driver. Make sure that your designated driver stays sober the entire night since just one drink can affect their driving ability.
- Stay close to home – if you live in an area that has plenty of fun restaurants and bars, consider walking to your favorite place. If you do choose to walk, make sure that you wear light colored clothing and follow all of the traffic lights.
- Use public transportation – public transportation is very inexpensive and will take you throughout the city. As an added bonus, many cities offer free public transit on New Year’s Eve.
- Call a cab – if you split the cost of a cab between you and your friends, it will be very cheap. In addition, a cab will pick you up at your house and drop your off at the exact location of your party.
- Look for free services – there are many services that are free on New Year’s Eve to help ensure that you get home safely. AAA offers free rides home in many cities across the country. Call your local AAA to see if you can benefit from a free ride.
All of us at the Insurance Agency of Dean Davis in Austin, Texas would like to wish you and your family a happy and safe New Year, and would like to thank you for allowing us to provide you with all of your insurance needs.