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switching insurance
Old 11-26-2018, 06:29 AM   #1
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switching insurance

I have all my insurance with one company and am fed up with them. I am going to switch. the question I have is that each insurance comes up at different times of the year. If I switch, and sign up with another company, they will want me to pay 6 months all at that time. will the remaining premiums I paid my current company be lost or will they reimburse me for the remaining time? Just thought someone on here might know from experience. thanks


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Old 11-26-2018, 06:46 AM   #2
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When I switched my car insurance out of Liberty, which I had paid in full for a year, they gave me back the unused portion down to the day.

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Old 11-26-2018, 06:53 AM   #3
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Insurance policies can be either pro rata (full prorated cancellation) or short rate (less than full prorated cancellation). I suspect most of the large personal lines insurers are pro rata, but I would check with your insurer.
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Old 11-26-2018, 10:11 AM   #4
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Your former insurance company should give you a refund for the unused period of time. Just contact them after your new coverage is in place.
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Old 11-26-2018, 10:51 AM   #5
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pro-rata refund when I switched from Amica to NJM

I am surprised you have more than one company.
Both Amica and NJM gave discounts when bundling.

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Old 11-26-2018, 03:01 PM   #6
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I only had one company state farm.
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Old 11-26-2018, 03:35 PM   #7
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Originally Posted by frank View Post
I only had one company state farm.
It's good to switch or at least shop.

We had an agent who was playing games with our driving records in order to lock us in. We only found out by shopping and questioning the quoted rates. Turned out our agent didn't disclose the facts to Nexis Lexis. The accident where I was rear-ended was not my fault!

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