I had to renew my car insurance, forgot the date, and renewed the next day. One day later I found a company for military families so I decided to switch my insurance. Will I be refunded for my old policy?
Question
How do I recover my refund if I canceled a policy the day after the renewal?
Agent Answer
Most states have a law about recovering unearned premium from insurance providers. Meaning that if you cancel your policy after you’ve paid your premium, especially at a renewal, you should be able to collect a refund for any days you’ve paid for after the policy is canceled. A simple call to your old company should get the ball rolling on your refund.