Lapse in Coverage
Insurance Glossary
A period during which a driver or homeowner had no active policy, whether from cancellation, non-payment or simply letting the term expire. Insurers commonly ask about prior coverage and treat a lapse as a rating factor, which can raise the price of the next policy. In states with mandatory auto insurance a lapse can also trigger registration or license penalties separate from anything the insurer does.
This content is for general informational purposes only and is not insurance, legal, or financial advice. Coverage, exclusions, eligibility, and pricing vary by insurer, by policy, and by state, and only the policy documents control what is covered. Always confirm the details of any coverage with a licensed insurance agent or the issuing carrier before you buy.
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