Yes, typically when you cancel your current insurance, you will get a prorated refund, which means that any unused money will be returned to you. For example, if you paid $600 for six months but you only stayed with the insurer for one month, your refund would be $500.
Can I cancel a newly purchased car insurance policy and get a refund?Answered by Home Insurance, Car Insurance Expert Savannah on February 24, 2021
I just got car insurance, but after talking to my parents, I realized it's probably not the policy I want. But I already paid for six months. Would I get a refund if I canceled it? I only bought it nine days ago!
Home Insurance, Car Insurance Expert
Have an insurance question?
Our insurance agents are ready to help you, for free.