General Insurance

If I cancel a policy less than 24 hours after starting it, will I get a refund?

The state of Florida requires that insurance companies refund at least 90% of the unearned premium paid by a customer if they receive a request to cancel. There are instances where a company may include the policies fees within the first month so your refund can vary depending on which company you're with.

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Will my down payment be refunded if I cancel my insurance during the first month?

There is no guarantee of a refund, so you would have to contact your insurance provider to find out if you are eligible for a refund as each company operates a bit differently with policy cancellations in the first month of coverage. The same thing goes for whether or not they will notify your lien holder of the cancellation.
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