Ny License Renewal Insurance. Any corrected forms must be submitted by your insurance producer or insurance broker. What is an insurance lapse in new york state?an insurance lapse means that there is no liability insurance coverage for a vehicle registered in new york state for a period of time.
If there is a lapse of insurance for a vehicle registered to you, the dmv can suspend your registration and driver license. Your new license will arrive by mail to the business address in about 2. Renew your insurance license and continue producing with kaplan financial education’s extensive library of new york approved ce courses.