$536*
Over 800,000
23,323
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The expiration of a right or privilege when one party does not live up to its obligations during the time allowed. A lapse in auto insurance coverage may result in paying higher premiums for a new policy, because insurers have determined that drivers who maintain continuous coverage are less likely to make an insurance claim that those who let a policy lapse.
* Average annual savings for new Insurance.com customers who reported savings last month. Your savings may vary.