Auto and Car Insurance

in california how long can your car policy be lapsed?

Im was in the middle of changing insurance and my previous ins. lapsed, that being said how long can your vehcile be uninsured before your car finance company can add ins. to your vehicle??? And shouldnt the finance company let you know before they add their insurance to your vehcile...thanks for the feed back in advance

Public Comments

1. Your finance company will add insurance as soon as they find out their interest is not covered. Any time a vehicle is financed, coverage must be in place without any lapse.
2. There is no grace period. Somewhere in the contract you signed you agreed to continually maintain insurance for the entire term of the load. Allowing the insurance to lapse puts you in default under the terms of the loan, and the finance company can immediately place insurance on the vehicle. This insurance is "third party" interest insurance to protect the finance company from any loss if the vehicle is damaged, and may not meet California's financial responsibility laws for liability as far as you, the driver, are concerned.