Can I cancel a newly purchased car insurance policy and get a refund?
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!
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.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Read advice from car experts at Jerry
Browse by topics
What others are asking
Is it too late to add gap insurance to my new car?
I just bought a new car and forgot to add gap insurance. Is it too late to add it?
Apr 29, 2021
Do I have to give my car back to the dealer if they say it isn't eligible for a particular incentive?
"Do I have to give the car back if I've already signed the paperwork? I purchased a car from the dealer and received 0% financing due to my credit score. Now the dealer is calling me and asking me to bring the car back and work out a deal because my car wasn't eligible for the 0% promotion."
Jul 03, 2021
Am I being overcharged for full-coverage car insurance in Louisiana?
I drive a 2015 RAM truck that I own outright, and my full-coverage car insurance costs about $120 a month. I haven't had any accidents or tickets in the last four years. Am I overpaying?
Apr 19, 2021