Whenever you get a new vehicle, you’re obligated by law to get the tag renewed with the state. Depending on your area and the time of year, this renewal process can take anywhere from a few hours to a few weeks. But what if you don’t have the time or want to go through the hassle? Does that mean your vehicle isn’t insured? Not necessarily. In this blog post, we will explore how to get your tag renewed without having to go through the hassle of going to the DMV. We’ll also cover some common myths about not needing insurance when getting your tag renewed and dispel them once and for all.
What is Tag Insurance?
Tag insurance is a type of liability insurance that protects businesses from being held liable for damages caused by their property. Tag insurance covers damage to property, including tags, that has been leased or rented to a third party.
Tag insurance can help protect businesses against costly legal bills if someone is injured or causes damage while using the property that was leased or rented to them. The policy also covers any legal fees incurred in defending against lawsuits.
To be eligible for tag insurance, the property must be owned or leased by the business and must be used by others on behalf of the business. The business cannot be named as a defendant in any lawsuit related to the property.
Tag insurance policies typically have a deductible and a maximum limit of coverage. The deductible is the amount you are required to pay before your policy will cover any losses. The maximum limit is the amount of money your insurer will pay in total if someone files a lawsuit and wins damages against you.
The cost of tag insurance depends on several factors, including your company’s credit score and the type of coverage you choose. You can find more information about tag insurance policies on our website or speak with one of our representatives at 1-800-977-0007
How Does Tag Insurance Work?
Tag insurance is a type of insurance that can help protect you and your business from the cost of lost or stolen tags. Tag insurance policies typically cover the replacement cost of tags, as well as theft or damage to the tags.
To qualify for tag insurance, you must have a tag program in place and be registered with an approved insurer. The policy will usually require you to maintain detailed records of all tag activations and replacements.
Which States Require Tag Insurance?
Some states require tag insurance in order for tags to be renewed. You should check with your state’s department of motor vehicles (DMV) to find out if you need to have the policy in place. Make sure you have the policy in place before your tag expires, or you may be required to pay a fee to have it renewed.
If you don’t have the tag insurance, you may be subject to a $50 fine.
Is It Worth It to Get Tag Insurance?
There is no one answer to this question as it depends on your individual situation. However, if you’re planning on driving a car that has tag insurance, here are five things to keep in mind:
-Tag insurance can be a good way to protect yourself financially if your car gets stolen or damaged.
-Make sure you understand the coverage that is offered and what is and isn’t included.
-Ensure you have valid proof of insurance when renewal time comes around. This could be a copy of your policy or a recent photo ID card with your policy information on it.
-Be aware that some states require tag insurers to also provide car rental collision insurance, which can add to the cost of the policy.
-Tag policies typically have specific expiration dates, so be sure to check this out when renewing.
Conclusion
If you’re wondering if you need insurance to get your tag renewed, the answer is yes. In most cases, if your car has a tag and it’s up for renewal, then you will need to have insurance in order to have the tag issued and registered with the DMV. There are exceptions to this rule, but as a general rule, having insurance is always a good idea when it comes to registering or renewing tags on vehicles.
