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It varies state to state, but usually you have a 30 day grace period; meaning you can pay one month behind at a time. After being 60 days late (2 months), they cancel your policy. In states where car insurance is obligatory, you have to pay a lapse in insurance fine, which varies state to state. In extreme cases, they will come and remove the license plate from your car.

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Q: What happens when you stop making car insurance payments?
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WSIB (Workplace Safety and Insurance Board) pension payments typically stop upon the death of the pension recipient or in certain cases where the recipient is no longer eligible to receive benefits. It is best to contact WSIB directly to inquire about specific circumstances that may lead to the cessation of pension payments.


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What happens in Dallas TX if you stop making your mortgage payments?

The same thing that would happen in any city in the US; the mortgage company will begin a foreclosure action to take ownership of the property.


Does a short sale happen when I stop making mortgage payments?

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What are the consequences if a person quits making payments and the car is in your name?

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What happens to the payments you have already made if you need cancel your policy?

Your policy contract will state what happens to your payments if you cancel. In the worst case you may not be able to cancel in the best case you will have to pay pro- rata for the length of time you policy has run + a cancellation fee + an administration fee. Please understand in many cases the payments are to a finance company (who payed the upfront insurance premium to the insurer) and in this case the payments are NOT linked to the policy - you can't just stop paying - in effect you took out a loan.


What if you stop making payments and leave the state?

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