Question

Will my insurance company refund me if my car was repoed?

I have paid for my car insurance twice since my car has been repo. Will my car insurance company reimburse me for those two months?

Dec 2, 2016 Griffin, GA

Answer
Neil Richardson

Dec 2, 2016

You likely wouldn't be reimbursed if you still have an active policy since you receive lower rates for maintaining continuous insurance. If you canceled your policy then you might receive reimbursement, but you would also lose your discount for continuous insurance when you go to purchase another policy. You will probably end up paying more in increased rates than you would be reimbursed for those two months so I would recommend maintaining your policy. You can always call your company and ask, though.

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