What does "gaps in coverage" refer to in an auto insurance policy?

"Gaps in coverage" in an auto insurance policy specifically refers to periods when a vehicle is uninsured, which can lead to significant legal and financial consequences. When a vehicle is not covered by insurance, the owner is exposed to liabilities such as fines, penalties, and potential loss of a vehicle if accidents were to occur during that time. Moreover, operating a vehicle without valid insurance is against the law in Ontario, which can result in legal repercussions.

This concept is crucial for policyholders to understand because maintaining continuous coverage ensures that they are protected against unforeseen incidents and helps avoid the complications that arise from having periods without insurance. It highlights the importance of consistent and reliable insurance to safeguard one's financial interests and comply with legal requirements.