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(Created page with 'Image:auto_insurance_3508.jpg If you own or lease a car within the express regarding Georgia, the law requires you to maintain [http://www.friendlyin.com/lhucazlj/blo…')
Current revision as of 08:03, 9 February 2011
If you own or lease a car within the express regarding Georgia, the law requires you to maintain auto insurance policy on the vehicle at all times. You must have constant liability insurance coverage in buy to legally drive your car, register it and obtain Georgia license plates whereas well because renew or replace existing plates. The auto insurance cancellation policies inside Georgia make sure that is all drivers are in compliance with maintaining coverage.
Regulations for Insurers in Georgia
Auto insurance companies that is function with the state of Georgia are required from law to deliver all insurance policy information through electronic transmission to the state's database. Once you obtain any new auto insurance policy in Georgia, your insurer has to send your policy data to the state inside 30 days of when your coverage starts. Insurance policy companies are also needed to report some changes to policies including additions, deletions, terminations and cancellations. Cancellation policies for insurers include that they have to report them to the state of Georgia within 30 days and if you acquire replacement coverage the new insurer will notify the state being well. The only exception to this requirement remains for fleet also self-insured vehicles registered beneath the Worldwide Registration Strategy. While these vehicles must also maintain auto insurance policy, the insurers are not responsible to report their policies to the state.
Georgia Insurance Database
The Georgia Internet Insurance Compliance System is the insurance database the state uses to monitor all engine vehicle records and how they are kept awake-to-date on each registered vehicle's auto insurance scheme. Once your insurer transmits your insurance data along in your car identification number to GEICS, your record will be updated with a valid insurance policy coverage indicator. You will be able to go the Georgia Department of Revenue website to examine the status about your insurance although only your insurer can generate any changes to your data. If you execute not maintain auto insurance coverage you will not be able to replenish your tags and jeopardize your car being impounded or pay goods if you are engaged within an accident.
Auto Insurance policy Cancellation Policies
After the state about Georgia has this system with place, they will soon reveal out if you cancel your auto insurance policy or if it remains terminated via the insurer. If you fail to pay your premiums your insurance will lapse also seeing that here yous no grace period your coverage will end immediately. The cancellation policies for your vehicle consist of you either instantly obtaining coverage from extra carrier or voluntarily canceling your registration if the vehicle yous not being driven. You are not allowed to operate a vehicle in Georgia without liability insurance policy coverage plus your vehicle's registration will be suspended by the state if you work not maintain it.
