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In an insurance contract may the insured unilaterally cancel the contract?
Wiki User
∙ 16y ago
It depends on the language in the contract and the type of insurance, but generally the answer would be yes in most states. For example, automobile liability insurance policies are generally able to be cancelled anytime by the insured. You don't have to wait for your policy to come up for renewal before switching to another insurance company, for example.
Wiki User
∙ 16y ago
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Can you cancel your insurance right after i get into an accident?
No. They make you sign a contract.
If you no longer drive a car and cancel your insurance will your recordrate get better or will it essentially stay the same due to not being insured during that period?
It is not going to make a difference if you cancel your insurance or not. If you drive a car, you must have car insurance.
Can you cancel your insurance if your car is in bankruptcy?
Absolutely not! If you are still using the vehicle, it must be insured. However, the insurance payment would not be covered by the bankruptcy.
Can you cancel car insurance with pending claim?
Yes you can, the claim is for the date of the occurrence which hopefully happened while you were insured.
How do you cancel auto insurance?
Call your insurance company and ask what the policy is for removing coverage. You may not be able to if you signed a contract.
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 i trade in my van for clunker car even if my registration is expire and my insurance will be cancel?
No, you must have had the van registered and insured for the past year.
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.
Can a home policy be cancelled with pending claim?
Yes, it happens all the time. The homeowner can cancel the policy at any time or the company might cancel for various reasons outlined in the policy (insurance contract) you signed. Either party, the insured, or the company, could cancel the policy, However if it is a choice of the homeowner, it would be best to maintain the policy as is untill the claim is resolved. You want to remember that once you cancel your policy. You will no longer have an agent in that company to advocate on your behalf.
How can you cancel a life insurance policy on you if there is no more insurable interest but you are not the owner of the policy?
Under insurance law, the contract owner has all the "rights." So, I know of no way to cancel the contract w/o the owner's consent. However, you may wish to contact your state insurance department and/or the insurance company just to be sure. Alternately, you might offer to purchase the contract from the current owner, as is often done with business insurance "buy-sell" arrangements. Best of luck . rjBeeg rbeeg@optonline.net
How do you cancel car insurance on a car that you own and insured that your spouse is driving in another state?
As long as the insurance is in your name only you just call the insurance companyBUTThis may be illegal unless the person driving the vehicle knows and agrees
How do you cancel my insurance?
Call your insurance agent and tell them you would like to cancel your insurance.
