Need Info on Switching Insurance Companies..

[sunshinestateman]

I just got an used car within this last month. I also got an auto insurance with 'Pearl Holdings' - Ocean Harbor Casualty Insurance (from FL!).

I've taken the insurance for a period of 6 months (with around $116 as my monthly payment). I had to pay a down payment of around $230 (which would cover for two months payment). I effectively have to pay only for 4 months later on and the last 2 months would be free.

Now, to my dilemma. What would happen if I want to cancel my insurance within the first 4 months? Would the company refund the excess amount ?

Looking at it from another perspective :

Let's say I'm not pleased with the company/I can find cheaper quotes with other companies... What if I'm looking to switch my auto insurance company (within the first 4 months)? Would they refund the excess amount then?

Please respond quick coz' I'm due for my first monthly payment in 2 days - and I don't know what to do!

 

[intosmith]

the best option is to check insurance companies for more info.

 

[CaptiveGuy]

Notify your agent/insurance company when you are ready to switch they will give you a prorata refund for your policy.

For example if you pay in full for 6 months and cancel after 3 months they send you a check for 3 months premium.