The best way to save money on auto insurance for suspended license is to get a new policy with a primary driver, who has good driving record, and get you listed as a secondary driver. This essentially means that car title has to be in the primary driver’s name until your driver license is under suspension.
In case, you are not in a position to list someone else as the main policyholder, you can consider buying comprehensive-only car coverage especially when you are not going to drive the car and storing it in a garage. Just file an affidavit with your state.
Explore Your Main Reasons To Get Car Insurance With Suspended License
You must first explore the possibility of getting auto insurance with suspended license and for that you will have to visit your state’s DMV website.
With DUI/DWI conviction leading driver’s license suspension, you may need to protect your no claims bonus on your existing car insurance policy with temporary coverage.
Some high risk companies offer auto insurance for drivers with suspended license, you can work with one of them to get your car temporarily insured.
You can expect the short car insurance coverage premium to be significantly high but by shopping around extensively, it is possible to save some money.
Every state in the U.S has a separate set of traffic rules & regulations for governing driver behaviours. Find out what your state prescribes for drivers with suspended driver licenses.
In case you already have an auto insurance policy, you need to inform your present car insurer about your driver license being under suspension and the exact reason for that.
Driving a car without having valid insurance is blatant violation of law and that can attract hefty fines or penalties.
Insurer may agree to keep the existing coverage current for short specified time period, during which you can get your driver’s license reinstated, by asking you to pay some fee.
Get temporary car insurance coverage and consult a lawyer to get your driver’s license reinstated as you will be required to prepare and furnish correct as well as accurate paperwork.
In all probability, auto insurance premiums will raise considerably post license suspension because of convictions for DUI or DWI offenses. You will be deemed to be a potentially risky proposition to insure by a vast majority of car insurance companies. Nevertheless, extensive shopping can help in securing a solution that is easy to manage as well as sustain. Besides, if you get assisted by a competent local agent or broker service, you could end up saving some money as well.
If there is no clause pertaining to driver license suspension in your current car insurance policy then the present coverage will most likely continue until the end of the term.
Majority of the insurers do not review risks midway through auto insurance policies but lot might depend in the state in which you live. Some states may allow insurance providers to review coverage midway through.
However, it is advisable to read fine print of your current auto insurance policy before finalizing contract with any insurer. Some companies might add conditions relating to suspended license drivers.
It is likely that you come to know later on that insurer requires you to give intimation about your suspended driver’s license within 60 days of the event taking place.
But insurer will review your driving record at the time policy renewal and if the insurance provider comes to learn regarding your DUI/DWI conviction leading to suspension of driver’s license, there are chances that policy may be cancelled because your being a high risk driver.
In such a case, insurer will decline your proposal for car insurance by sending you a notice 30 days in advance intimating you that the car coverage will be discontinued.