Sunday, December 23, 2007

Bond Insurance

I stumbled across this website and was hoping you guys could clarify this... I read a lot of car forums and this part was in the legal section of one : Pulled over without car insurance? No problem! All states in the United States require that you have auto insurance to operate a vehicle if you're caught without auto insurance you can lose your license for up to 6 months and/or a minimum of a $1000 fine. There is a way to get out of this though. Depending on the state you live in, you have anywhere from 10-30 days to provide proof of insurance after an incident. To go your local insurance dealer and ask if they offer Bond Insurance. If they offer Bond insurance, ask them if they'll backdate it for you. This means that they'll give you a card saying that you had insurance for previous months, when you really didn't. Of course, you're going to have to pay for these months. A Bond Insurance is an auto insurance that covers a particular driver with liability on any car that he drives the rates are usually high, but its often cheaper for people with bad driving records because it doesn't cover a particular car. Once you get your backdated Insurance Card, you're home free.

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