Do I have to cancel and then start over on insurance in Fla.when car was totaled?

Question:
I was in accident and their ins. company totaled my car. Do I have to start over with the insurance or can I wait and transfer it to a new car?

Answers:

What does validation character L in my registration certificate stand for?? Thanks for any replies?

Your policy probably has a clause referring to "replacement vehicles" and will allow you normally 30-45 days to make the replacement. However, if you do not make any changes or buy a new car soon, technically you are paying for insurance for a car you no longer own. Either replace your car ASAP, or cancel the policy ASAP and then start over once you do replace the car.

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I lost a truck in the storms, I got a new one and just changed the info on my original policy.

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Comprehensive Car Insurance?

You can just transfer the policy to your new car. Make sure though that they do not try and increase your rates or premiums.

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Cancel your insurance now. Why pay for a car that doesn't run? When you get a new one, you'll get new insurance, even if its with the same carrier.

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