Can I Cancel Renters Insurance? 
Yes , you can cancel your renters insurance simply by notifying your insurance company in writing of your desire to do so . The carrier will then credit the unearned premium from the policy to your account . If that credit results in an overpayment of premium on your account , you will be refunded the overpayment . Now , depending on your reason for cancelling the coverage and the insurance company , you may be charge you a cancellation penalty -LRB- typically 10 % of the unearned premium -RRB- . You will have to get those specifics from your insurance company . 