Fortunately, auto insurance companies usually give you the right to cancel your policy at any time. However, you will want to make sure that you provide them with plenty of notice. Although the majority of car insurance companies may refund your unused premiums, some insurance companies may charge fees if you choose to cancel in the middle of your policy term.
Although a car insurance policy is usually purchased for 12 months and paid in advance or through monthly premiums, you can still cancel at any time. Your insurance company usually charges cancellation fees and management fees. And if you buy insurance through a broker, they may also charge cancellation fees.