What Is Overlap Car Insurance?
August 21st, 2010
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office worker image by Peter Baxter from Fotolia.com Human error can result in dates being input wrong on your new insurance policy. Overlapping your car insurance, especially when switching insurance companies, ensures that your vehicle is covered throughout the process. A lapse of your policy can mean no coverage in the event of an accident or claim. An error can cause a lack of insurance coverage if dates are input wrong or there is confusion on the part of the agent. - If your car insurance overlaps for too long, it will be expensive to pay for two policies covering the same vehicle. Also, if your insurance overlaps and you experience a loss at that time, the two insurance companies may disagree about which one pays the claim.
- Car insurance should overlap for a day or two at the most. This will lessen the problems should there be a claim on the overlapping days. To avoid dual policies, have one end at midnight on one day and the other begin at that time.
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road accident image by Nicola Gavin from Fotolia.com In the event of an accident, the active insurance coverage will pay the claim. If you need to make a claim during the days that your insurance overlaps, your new insurance company likely will pay the claim, according to the Auto Insurance Select website. - List of Non-Standard Auto Insurance in the State of Texas
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Benefits of Overlap Car Insurance
Downfalls of Car Insurance Overlap
How Long Car Insurance Should Overlap
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