Question
I got in an accident the same day I reinstated my lapsed policy. Will it be covered?
I've been on time on my payments. But in January, my insurance payment lapsed on 1/25/20. But I made a payment on the next workday at noon on 1/27/20, but I had an accident that same morning. Do I have a right to be covered by my insurance?
Answer
It depends on how the policy was reinstated. If they reinstated with no lapse, then you are free to file a claim. If they reinstated with no lapse but had you sign what is called a No Loss letter — which dictates that no accidents had occurred before taking payment — then filing a claim would be considered fraudulent.
Finally, they may have reinstated the policy with a lapse, meaning that anything prior to the time of payment cannot be claimed.
If you have any questions, feel free to ask.
Insurance is complicated, but it doesn't have to be.
The Zebra searches all of the top insurance companies, in one place, so you can compare the cost and coverage you need to protect your car, home and other property.
Step 1: Tell us a little about yourself
Choose an insurance product and enter your zip code to get started. No phone number required.
Step 2: Sip your coffee while we find the best quotes
Enter the necessary information and then sit back while we find quotes from 100 top insurance carriers.
Step 3: Compare your quotes
Compare quotes side-by-side to find the right match for you, whether it's home, auto, or more.
Step 4: Let our agents do the hard work for you
Once you pick your policy, our agents are here to get you over the finish line. Then just relax and enjoy your savings.