It is important to know the expiry dates and get details about your policies to avoid bearing the grunt later. Sometimes people use their tax refund to pay the down payment on a new car and get a reasonable deal for a car insurance policy. Few days later you will get a call saying that your policy will become ineffective in some days but you are unaware what may the possible reason be. Sometimes due to non-renewals insurance companies chose to drop people from the list. Due to late payment or an increase in the license points or claims companies start running after your lives. Some companies call to inquire about policies which they register as a claim and if you end up giving some details about yourself it gets reported. Be careful while answering such calls as verifying will help you spend less.

Interested in affordable car insurance [http://hubpages.com/hub/Finding-Affordable-Car-Insurance]? Then pay close attention to what we have to tell you:

People tend to give in applications which will benefit them in the near future by twisting some basic information. Before your expiry or renewal date the policy will be canceled if the company manages to discover the fudge.

Yes, the company gives notice if it plans to terminate your policy for some reason before the existing policy's expiry date. Most state laws demand for policies to impart driving licenses to the citizens.

Other reasons may include cancellations like non-payment and undeclared crimes or even fatal accidents in case your teenager ends up crashing your car in a race or some strange stunt he was trying.

When it comes to buying car insurance [http://hubpages.com/hub/Buying-Car-Insurance] for your kids, be careful and guide them by letting them know what happens in case of reported accidents and mishaps as far as the car is concerned. Cheap car insurance for young drivers is a possibility if you play your cards right. Senior citizens are also targeted as most of the accidents happen with either the elderly or teenagers.