That depends. Most surety companies have a policy which states the first year’s premium is fully earned. What this means is that no matter when you cancel in the first year, you will not be eligible for a refund. Typically, after the first year, anything that is canceled would be eligible for a refund on a prorated basis. Also, certain types of bond are non-cancellable and would not be eligible for refund. These include contract, construction and court bonds. Please consult our underwriting staff for additional information.