My car insurance has been cancelled?

Question

i need to know if i have to pay more or is the same amount in my billing if i pay for it

this is for a car insurance

the insurance company is aig

Answer 1

If your car insurance has been cancelled for any reason, that's not good.  If another insurance company sees that your policy was cancelled, they will automatically charge you much higher rates.

Answer 2

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Answer 3

Depends on why the insurance was cancelled.   If it was cancelled for failure to pay the premiums, then you should be able to get it reinstated at or about the same rate.  If it was cancelled for too many claims or a poor driving record, you may have to seek out other coverage which may or may not cost more.

Answer 4

If it was cancelled for reasons other than non-payment, you will be paying more for insurance. many companies will require you to obtain "high risk" insurance for 3 years after another company cancels you.

Answer 5

For auto insurance the obvious way to get a good rate is do a policy comparison on auto policies. Make certain that you pick similar options with the same limits, auto make, location, etc so that all things are a good comparison.



What I usually recommend is an online comparison quote at http://www.InsureAutoNow.info since they have big name insurers and can give several quotes on car insurance polices.