What happens if my car insurance lapses in Louisiana?
Like other states, auto insurance is a prerequisite to drive in Louisiana. However, what makes Louisiana unique are the penalties it has in effect for driving with a lapsed insurance policy. Drivers may face fines, license confiscation, registration suspension and vehicle impoundment.
Is there a grace period for car insurance in Louisiana?
The Louisiana new-car insurance grace period is 2 to 30 days in most cases. The new-car grace period is how long insured drivers are allowed to drive a newly purchased vehicle before adding it to an existing car insurance policy.
What is the penalty for not having car insurance in Louisiana?
There are multiple penalties, and they start with a fee of $500-$1,000 if you fail to provide proof of your insurance when stopped or within three days after. You may receive a ticket for no insurance, and you may also have your car impounded and your license revoked.
How much is a flag for no insurance in Louisiana?
The insurance flags and associated fines are as follows: No insurance for 30 days or less – $125.00. No insurance for 31 to 90 days – $275.00. No insurance for 91 days or more – $525.00.
How many days can you go without insurance in Louisiana?
WalletHub, Financial Company Louisiana DMV fees for lapsed insurance are $125 if your insurance lapsed for 11 to 30 days, $275 if it lapsed for 31 to 90 days, and $525 for more than 90 days without insurance.
What will happen if caught driving without insurance?
Failing to have car insurance can result in six to eight penalty points on your driving licence. These points stay on your driving record for 4 years. You can be disqualified from driving if you have 12 or more penalty points within three years.
Can you pause your car insurance?
You technically can’t “pause” or “freeze” your auto insurance — it’s required by law in almost every state. The only way to pause your auto insurance is to cancel your coverage in its entirety, which you should only do when you’re switching policies or getting rid of your car.
How long does it take for an insurance policy to lapse?
A policy does not lapse each and every time a premium payment is missed. Insurers are legally bound to give a grace period to policyholders before the policy falls into a lapse. The grace period is usually 30 days. Insurers provide policyholders a period of 30 days to pay for the missed premium deadline.
What is Louisiana no pay no play law?
Louisiana’s No Pay, No Play statute, passed in 2011, states that victims of another driver’s negligence are prevented from collecting the first $15,000 of bodily injury damages and the first $25,000 of property damages if they’re uninsured at the time of the accident.