Did you know that if you let your policy lapse, you may have to pay more in the long run? Why? That is because, many insurance companies view drivers who are licensed but do not have auto insurance as risky or irresponsible. Do to that, if you let your policy lapse, you may probably have to pay more when you go to buy auto insurance. To avoid this, if you do not want to pay for auto insurance or are planning to let your policy expire because you want to switch auto insurance companies, make sure to purchase auto insurance before your current policy is cancelled.