Automobile Insurance Cancellation Bloomington Minnesota MN

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Reader’s Question:

My car insurance policy is about to expire and I’m shopping around for new car insurance companies. I would like to know at exactly what time will my insurance policy expire in Bloomington, Minnesota? Is it during the morning, noon, or late afternoon?

Mara

Bloomington, MN

Interesting question.

The time of expiration for insurance policies differs by state laws and by the car insurance company’s guidelines. However, in general it expires by 12:01 AM on the date of expiration. So let’s say your policy’s expiration is by 12/01/2008. So, your policy will expire at 12:01 AM (your local time) of December 1, 2008.

I know this is quite confusing for policyholders. Because, usually we assume that we have all of the 24 hours of the expiration date, without realizing it expires a minute after of that day. So what’s best to do is to always check your policy. It’s stated on what time it will expire and why it will expire.

Also, it’s always important to pay your insurance bills on time, because if you failed to do so, then it will result to cancellation of your insurance. For example, some insurance guidelines state that if you failed to pay your insurance bill at 12:01 AM of its due date, then it will be cancelled. And you don’t wanna drive around Minnesota with cancelled car insurance.

Check with your car insurance agent in Bloomington, MN to know the specific details of your policy. And since you’re thinking of changing insurance companies, don’t forget to shop online to give you auto insurance rates.

Tags: auto insurance, car insurance rate