Policy lapses or cancellations
It is important that you make arrangements to have your insurance premiums paid timely while you are deployed. If your insurance company cancels your policy for failure to pay your premium on time – or for any other legal reason – you will likely have trouble getting a new insurance policy and, when you do find a company willing to insure you, you may have to pay higher rates. Many companies will decline to insure drivers who have lapses in their insurance coverage. And if your coverage lapsed for more than 30 days, companies may be able to charge you a higher premium.
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