Automobile Insurance Lapse West Palm Beach Florida FL
Filed under: Auto Insurance Quotes, Auto Insurance Tips, Insurance Quotes
Reader’s Question:
I hit a parked vehicle and my car insurance was lapsed at the time in West Palm Beach. I received a letter saying that my drivers license will be suspended. What do I do now?
Joe
West Palm Beach, FL
According to the FL Department of Highway Safety and Motor Vehicles (HSMV) if you were involved in an accident with property damage only, and you were at fault and and got no insurance you should buy a car insurance policy immediately with at least the state required minimum coverages.
What you should do next is to negotiate with each individual that sustained damages their property. If the individual is insured, you should negotiate with their insurance carrier as the insurer assumes the rights of compensation since the insured has been reimbursed for their loss. You can get a release form from your nearest driver license office in West Palm Beach.
If you are cannot afford to pay the amount of damages in full, you may suggest a monthly payment agreement. With the insurance coverage monthly repayment agreements, upon notice, you can provide to avoid driver license, tags, and registrations suspension. So in Florida you can lose your drivers license and your car registration and license plates until you have paid or set up payment plan.
Tags: auto insurance lapse, car insurance, car insurance cost