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What happens if your license is suspended or revoked shortly after purchasing a policy?In: Auto Insurance |
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Can I get an insurance policy for an automobile if my license is suspended? Also the owner of the vehicle is the register owner and he has his license does this pose problem?
Answer
Depending on the circumstances of the suspension, ironically nothing may happen.
Unless someone else is avalible to drive the car who'd be covered, would you really want to spend the money to insure it during this time?
If you cancel a policy within the first six months, and there are no outstanding claims they'll usually refund the full balance put down.
Heres how it works in ohio, every one is under the acts of insurance- you must have insurance on your auto at all times, if you cancel your insurance- the BMV is notefied. Then the BMV will Send you a "Random" Letter asking for proof of insurance (if the car has plates or your paying taxes on it then it must be insured). No insurance---they supspen your license for a year and charge you $300 in fines plus $55 to reinstate your plates and $32 for your license. Dude it just sucks.
First answer by George H. Last edit by Vashcorp. Contributor trust: 47 [recommend contributor]. Question popularity: 93 [recommend question]
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