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Yes, you can cancel any policy at any time, and expect a refund for the used portion of premium paid.

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17y ago

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If I cancel my insurance, will I receive a refund?

If you cancel your insurance policy, you may be eligible for a refund of any unused premium that you have already paid.


If I cancel my insurance policy, will I receive a refund?

If you cancel your insurance policy, you may receive a refund for the unused portion of the premium you have already paid.


How can I cancel my insurance policy and request a refund?

To cancel your insurance policy and request a refund, you should contact your insurance provider directly. They will guide you through the cancellation process and inform you about any refund you may be eligible for. Be prepared to provide your policy details and reason for cancellation.


Can you cancel motorcycle insurance if you sell motorcycle?

Sure, you can. The insurance company should pay you a pro-rated refund after you cancel the policy.


How long does it take to get a refund from Geico after you cancel your insurance?

one year


Do you get a refund if you cancel homeowners insurance?

Yes, if you cancel your home insurance policy mid term you would be entitled to the unearned portion of your premium payments.


How do you get your refund back from Progressive once you have canceled your policy?

Contact the insurance broker that offered you Progressive Insurance; they should know the answer or can find one from the Progressive Agent that visits their office.


How do you Cancel Home Owners Insurance and get a refund on remaining insurance due to home sale?

When you call you insurance company to cancel, they may want the request in writing...this is helpful if you have an agent, because you can just pay them a visit. The refund from unearned premium should be sent to you within a week of cancellation


If you cancel your home insurance which was fully paid do you get a refund on the remaining months?

Most insurance companies will refund any remaining policy time. It will be prorated. If your mortgage company paid it out of escrow funds, the refund may get sent to them.


Is it legal for a insurance company to auto renew an liability insurance policy in Connecticut?

I don't think it violates Connecticut insurance regulations. But you should be able to cancel the policy and get a pro-rated refund or full refund.


How does the insurance company calculate the amount of premium to refund when a policy is cancelled?

Insurance premiums are calculated for the year. If you cancel your policy refunds are usually issued retroactively. So if you cancel your insurance 6 months into your policy, you wil be refunded for the remaining 6 months. It is usually calculated to a daily value, so you will get a refund for the remaining days left in the year. However, it is up to the insurance compant on what their refund policy is. Some companies will have a cancelation policy of 1 months cost of insurance if you cancel your policy. Most companies however have no fee.


Is it possible to receive a refund on insurance?

Yes, it is possible to receive a refund on insurance if you cancel your policy before it expires or if you have overpaid for coverage. Refunds are typically issued for the remaining unused portion of the premium.