Sentences with phrase «let their policies lapse ended»
Affording to recent studies, drivers who let their policies lapse ended up paying 8.8 percent more for car insurance than they originally paid.
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After your policy has come to the end of its term, you have two options: let the policy lapse at the end of the period or extend the policy at an additional cost.
Once your term has ended, it is up to you to decide if you want to renew the policy or let the policy lapse.
This means that when your term ends, it's time to renew your policy or let it lapse; this is why you want to go with a 30 year policy.
Some seniors end up abandoning their policies, or letting them lapse, by ceasing to pay their monthly premiums.