It’s Time To Stop 7 Day Insurance Policies

It’s Time To Stop 7 Day Insurance Policies
"What is a 7 day insurance policy?
It’s a low-cost car insurance policy that lasts only one week.
After seven days, coverage under the policy ends and, unless a driver takes specific action to renew, the policy will automatically expire.
The 7 day insurance policy is frequently used by drivers to get their vehicle registration, plates and tabs without having to pay the high prices associated with a longer term insurance policy.
Subsequently, many drivers will then allow coverage to lapse and they drive without insurance for the remainder of the year.
What’s wrong with 7 day insurance policies and why should they be stopped?
It’s where the greed of Michigan No Fault car insurance companies merges into the reckless indifference of Michigan lawmakers.
 It enables massive insurance fraud in many Michigan cities like Detroit.
It jeopardizes the public’s welfare.
It allows up to a 1.5 million people to drive without insurance in this state.
The seven-day car insurance policies pedaled to Michigan drivers, especially in Detroit, by outfits like L.A. Insurance, are ultra-short term No Fault insurance policies that are created to help people violate Michigan’s mandatory requirement that owners of motor vehicles have auto No Fault insurance.
...The proliferation of these one-week auto insurance policies has led some cities in Michigan, such as Detroit, to have now more than 50 percent of drivers on the road uninsured.”..."
Read all!