CWere you involved in an auto accident? If so, you likely filed a claim with your insurance company. If your car was totaled, for example, it does not make sense to continue paying for insurance. You might be interested in canceling your insurance policy to save some money. However, you might hesitate to take any action regarding your insurance policy because of the fear of the outcome of your claim being affected. Can you cancel your insurance after an accident?
Unfortunately, many people cannot answer that question for themselves and cannot find answers elsewhere. Because of that, they continue paying for unnecessary insurance coverage. Even if you filed an accident claim and are awaiting settlement, you could cancel your insurance policy. For more information about your right to cancel your insurance policy after a car accident, you should contact the attorneys at Normandie Law Firm as soon as possible.
Normandie Law Firm is a personal injury law firm dedicated to its clients—personal injury victims. Our attorneys are committed to ensuring that all clients exercise their rights to file claims and receive compensation. If you would like to speak with our attorneys about your right to cancel your insurance policy after a car accident, you must contact Normandie Law Firm as soon as possible and request a free consultation or a free second opinion. In the following sections, you will find a series of helpful information. However, the information below is not intended to be interpreted as legal advice. For a comprehensive evaluation of your claim, you must speak with our attorneys as soon as possible.
Can You Cancel Your Insurance Policy?
The short answer is yes; you can cancel your insurance policy at any time—including after an accident. You have the right to cancel your insurance policy at any time. However, you might be subject to some cancellation fees as stated in your policy documents. If you paid in one lump-sum, you might be eligible for a refund; however, if you were enrolled in an installment plan, you might have to pay the remaining balance before you can cancel your policy. Although you could cancel your insurance policy at any time, you must always be aware of the laws in your state to ensure that you are not fined or subject to registration suspension as a result of a lack of car insurance.
Why Would You Want to Cancel Your Insurance?
After filing a claim with your insurance company, you might be interested in canceling your policy for many reasons. One of the main reasons that policyholders might be interested in canceling their policies after filing a claim is increased rates—many insurance companies increase rates after a car accident regardless of fault. If your car was totaled in the car accident, if you are getting rid of your car, or if your car will not be driven, you might be interested in canceling your policy. All of the reasons stated above are valid reasons. However, you might hesitate to take action and cancel your car insurance because you are worried about your claim.
Does Canceling Your Insurance Policy Affect Your Claim?
Many people are concerned about whether they can cancel their insurance policy after they file a car accident claim. Many people mistakenly believe that an open claim binds them to that insurance company and prevents them from canceling policies or switching providers. However, if you cancel your insurance policy after an accident, your claim will not be affected.
What happens to your claim? If you cancel your insurance policy or switch insurance providers, your claim will continue being handled by your previous insurance company. You might have thought that your previous insurance company might deny your claim or refuse to continue handling your claim. However, your insurance company is required to keep handling your claim diligently. Even after you canceled your insurance policy and switched insurance providers, your claim will continue to be investigated.
When you file a claim, you must have had an active insurance policy at the time of your accident. Having an active insurance policy ensures that you can file a claim. If you request to cancel your claim when you cancel or switch insurance providers, then the insurance company will withdraw your claim. However, if you do not wish to withdraw your claim, you can cancel or switch providers knowing that your car accident claim will continue to be handled effectively by your insurance company.
Steps for Canceling Car Insurance
Many people mistakenly stop paying their premiums when they decide to cancel their policies. However, ending all payments without contacting the insurance company first might result in preventable consequences. Your non-payment might be reported to credit agencies, and your account could be permanently marked for non-payment—resulting in higher car insurance rates. To prevent this, you should follow the steps outlined below:
- Contact the insurance company and inform them about your intention of canceling your policy.
- Cooperate with the insurance company’s cancellation process.
- Ask for a refund if applicable.
- Contact the Department of Motor Vehicles in your state and follow their processes.
- Find a new insurance provider.
- Cancel your insurance policy.
As you can see, there are many steps you must take before canceling your claim. One of the most important things you must do is contact the DMV to ensure that you follow their processes. In many cases, car owners must submit an Affidavit of Non-Use (ANU) or place their vehicle on planned non-operation (PNO) status before they can cancel their insurance policy. If car owners do not follow DMV processes, they might face fines or registration suspension. If you are canceling your insurance policy but will continue to operate your vehicle, you should ensure that you have a new insurance provider before canceling your current coverage; doing so will prevent you from being subject to fines or other consequences.
Normandie Law Firm
Normandie Law Firm is a personal injury law firm dedicated to helping all victims of personal injury accidents fight for their right to recover the compensation to which they are entitled. If you were injured in a car accident, you might have grounds to file a claim and be compensated for the damages that resulted from the accident. However, you might be interested in canceling your policy after the accident. If you filed a car accident claim and are worried about your right to cancel your policy, you must contact our law firm as soon as possible. Our experienced car accident attorneys are available to handle your claim and give you all the information you need to file a lawsuit and receive compensation, even if you cancel your insurance policy.
If you are interested in filing an auto accident claim, you must contact Normandie Law Firm and request to speak with our attorneys as soon as possible. Our law firm offers free consultations and free second opinions to all parties injured in car accidents. During our free consultations, our experienced attorneys will evaluate your claim, answer all your questions, and address all your concerns. Our experienced car accident attorneys will give you all the information you need to file a successful claim. If you have already started your legal process with another attorney at another law firm, you might be interested in benefiting from our free second opinions. During our free second opinions, our experienced car accident attorneys will focus on clarifying any doubts and confusion left by the incompetent attorneys to which you might have spoken. If you were left with more questions than answers after speaking to your attorney, you must request a free second opinion from Normandie Law Firm. Our attorneys will never rush through your claim and risk overlooking or neglecting key details that might affect the outcome of your claim. You can trust that our attorneys will fight until you win your claim and recover the compensation that you deserve. If you are interested in a free consultation or a free second opinion, you must contact Normandie Law Firm as soon as possible and request to speak with our car accident claim attorneys.
Our free consultations and free second opinions are available as part of our Zero-Fee guarantee. Normandie Law Firm is based on the belief that all victims of personal injury accidents should have access to legal assistance; therefore, we ensure that all victims of car accidents and other personal injury accidents can contact us and speak with our attorneys without having to pay upfront fees. Our Zero-Fee guarantee ensures that our clients never have to worry about paying any upfront legal fees for any of our services. Our law firm is also strictly based on contingency; therefore, our clients will not be required to pay any legal fees until after our attorneys win their claims. Once your claim is won, our legal fees will come from the compensation you recover; you will never have to pay anything out of pocket. Do not hesitate—contact our law firm as soon as possible.
