Losing a loved one is always a difficult time, and dealing with their estate can be overwhelming. One of the many tasks that need to be taken care of is renewing their car insurance. If the deceased person had an Amica auto insurance policy, here’s what you need to know about renewing it for their estate.
What is an Estate?
An estate is the sum of all the property and assets owned by a person at the time of their death. This includes real estate, investments, bank accounts, and personal belongings.
Who is Responsible for Renewing Car Insurance for an Estate?
The executor or administrator of the estate is responsible for renewing the car insurance. The executor is the person named in the deceased person’s will to handle their estate. If there is no will, the court will appoint an administrator.
How to Renew Car Insurance for an Estate
To renew car insurance for an estate, the executor or administrator will need to contact Amica. They will need to provide the following information:
- The deceased person’s name and date of death
- The policy number
- The make, model, and year of the car
- The name and address of the estate
Amica will then send the executor or administrator a renewal notice. The executor or administrator will need to pay the premium to renew the policy.
What Happens if the Car Insurance Lapses?
If the car insurance lapses, the car will not be covered in the event of an accident. This could result in financial liability for the estate.
How to Avoid a Lapse in Coverage
To avoid a lapse in coverage, the executor or administrator should renew the car insurance as soon as possible after the deceased person’s death.
Additional Information
In addition to the above information, here are some other things to keep in mind when renewing car insurance for an estate:
- The executor or administrator may be able to get a discount on the premium if the deceased person had a good driving record.
- The executor or administrator may also be able to get a refund for any unused premiums if the policy is canceled before the end of the term.
- The executor or administrator should keep a copy of the insurance policy in the estate’s files.
Conclusion
Renewing car insurance for an estate can be a daunting task, but it is important to do so to avoid a lapse in coverage. By following the steps outlined in this guide, the executor or administrator can ensure that the car is properly insured.
Frequently Asked Questions
Q: What if the deceased person did not have a will?
A: If the deceased person did not have a will, the court will appoint an administrator to handle their estate. The administrator will have the same responsibilities as an executor, including renewing the car insurance.
Q: What if the executor or administrator does not know the policy number?
A: The executor or administrator can contact Amica and provide the deceased person’s name and date of death. Amica will be able to look up the policy number.
Q: What if the executor or administrator cannot afford to pay the premium?
A: The executor or administrator may be able to get a payment plan from Amica. They may also be able to sell the car to raise the money to pay the premium.
Q: What if the car is not being used?
A: The executor or administrator may be able to get a storage policy from Amica. This type of policy provides coverage for the car while it is not being used.