#4 of 8 things you should know about auto insurance

If you let your policy lapse, you’ll pay more in the long run.

Most insurance companies view drivers who are licensed but don’t have insurance as risky or irresponsible. Because of this, if you let your policy lapse, you’ll probably pay more when you go to buy car insurance. To avoid this, if you don’t want to pay for insurance or are planning to let your policy expire because you want to switch car insurance companies, make sure to purchase car insurance before your current policy is cancelled.