Your car insurance policy won't be immediately canceled because you don't make a payment. Auto insurance companies are required by state law to give notice before canceling their policy. Depending on the state, you'll normally have 10 to 20 days. Your company will notify you by mail or email before canceling your coverage.
Keep in mind that sharing a policy can have advantages and disadvantages. Learn more about adding someone to an auto insurance policy to see if it's the right fit. Even so, understanding average costs can be a great way to start finding the best auto insurance company for you. With some insurers, you can share a car insurance policy with someone you live with if all the vehicles are in the same place, such as a roommate.
Buying car insurance for the first time can be intimidating, but you can feel empowered with the right tips to follow. If it's been a few months since you received your quote, the rates in your area may have been revised, which could decrease or increase the price you pay for your car insurance policy. While insurance for drivers over 25 years old generally costs less than what younger or first-time drivers will pay, you should still choose an insurance company with a variety of auto insurance discounts to help you save. Auto insurance companies generally charge younger drivers more because they have less experience behind the wheel and are more likely to have an accident or commit traffic violations.
Many first-time drivers are teens who live with their parents and are covered by their parents' car insurance policy. You can pay for your car insurance policy by credit card, PayPal, online check, personal check, money order, or electronic funds transfer (EFT) from your checking account. If you're a renter, you can combine your car policy with renters insurance and get a multi-policy discount with Progressive in most states. There are exceptions to this rule if you're a college student.
Learn more about car insurance for college students to see if you need your own policy. Whether you're moving out of your parents' house and taking your car with you or buying your first car while living alone, you need your own car insurance policy. If you lend your car to someone and that person causes an accident, Progressive may cover some of the damages they are responsible for.