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    Why does a lapse in coverage increase rates?
    Category: Missed Payments, Cancellations, and Lapses in Coverage

    A lapse can signal higher risk to carriers. Even if you’re a safe driver, insurers often price coverage higher when there’s a gap. Keeping continuous coverage is one of the best long-term ways to maintain affordable rates.

    Maintaining continuous coverage not only helps you avoid higher premiums but can also lead to long term savings on your auto insurance.

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