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Base on state regulations, there are many reasons a company can cancel an insurance policy.

If you paid for a year and they cancel you after 1 month, you will only be charged for 1 month of coverage and the other portion should be refunded to you.

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โˆ™ 2010-10-25 22:35:04
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Q: Can insurance company cancel policy after taking payment?
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Related questions

How does the policy get canceled?

Lack of payment or too many collisions the insurance company has to pay for. If you want to cancel your auto insurance policy to go with another company, call your insurance company and tell them you want to cancel your insurance but be ready for them to try to persuade you to stay.


How to cancel my progressive policy?

If you ask your insurance company to cancel your policy, they will.


Does car insurance become cancelled when the owner passes away?

Not unless the deceased calls the company to cancel. The insurance company cannot cancel the policy unless it is requested in writing by the insured or executor or if it cancels for non-payment.


Can you stop a term life insurance policy?

Yes, you can. Call the life insurance company and cancel the policy.


Can insurance cancel your insurance after they have taken payment?

An insurance company can cancel your coverage for any number of reasons, all of which would need to be laid out in the policy (contract) that you signed with them upfront. The most common reason that a company would cancel your insurance would be for nonpayment. Other than that, you are probably safe unless you lied about something on the application.


When can an insurance company void a policy?

Non payment


Will in insurance company cancel policy if you sue them?

No, the Insurance Company has no right to cancel policy even if you sue them, unless you have failed in timely renewal or did any contractual violation like concealment of facts, that can jeopardize the basic objective of an insurance policy.


Can your insurance company cancel auto coverage after you had an accident?

If you have an accident in the first 60 days of your policy,, Yes They can cancel your policy


Can you cancel motorcycle insurance if you sell motorcycle?

Sure, you can. The insurance company should pay you a pro-rated refund after you cancel the policy.


How do you cancel empire fire and marine insurance policy?

The same as with any insurance policy. You just contact the company and inform them you would like to cancel your policy. You can also stop paying the bill.


Can an insurance company cancel policy for late payment after a claim is filed?

You bet. See, it works like this ... you pay for a service (insurance coverage) ... as long as you keep paying on time, you have coverage. One thing you don't want to ever do is make a late payment while a claim is being handled ... the insurance company thinks you are no longer interested in having them provide insurance coverage, and cancels your policy. Some insurance companies automatically cancel anybody for filing an accident claim.


Does car insurance payment continue during a suspension?

Yes it will continue unless you call and cancel the policy.

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