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Gainsco Insurance also offers roadside assistance, and rental car reimbursement on policies carrying full coverage. Gainsco does not offer coverage above state minimum limits for the states it operates in. Deductible amounts to choose from for comprehensive and collision are between $250-$1,000.
If you have Gainsco car insurance, you might have a grace period to keep your insurance policy active if you miss a payment. Most states have enacted laws requiring grace periods of 10 to 20 days, after which your policy could be canceled for non-payment.
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When financing or leasing a vehicle, your lender may use the term full coverage. That means they require you to carry comprehensive and collision plus anything else your state mandates. Liability is a mandatory coverage in nearly every state, while comprehensive and collision (physical damage coverages) are optional.
GAINSCOs insurance company subsidiary is MGA Insurance Company, Inc., which sells auto insurance policies under its brand name, GAINSCO Auto Insurance.
If the reason for cancellation was non-pay/short-pay and payment is postmarked/received by agent within the grace period allowed by law (7 days from premium due date), the Company will consider the policy as remaining in full force without a lapse in coverage.
GAINSCO sells our insurance policies through a network of independent agent partners and web marketplaces in the states of Utah, Arizona, New Mexico, Texas, Oklahoma, Tennessee, Virginia, South Carolina, Georgia, Florida, Alabama, Ohio, Indiana, Arkansas, Illinois, Missouri, Wisconsin, Mississippi, and Oregon.
If you still have not made the payment after the grace period, your car insurance company may cancel your policy and the cancellation could be retroactive to your original payment date.

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