Can Car Insurance Charge Cancellation Fee? 
Car insurance policies typically do not charge a cancellation fee.If you terminate a policy , you will be given a refund based on the unused portion of your coverage . Typically , the process takes about a week . It is possible that your refund will be `` short-rated , '' which means that a small penalty may apply to the portion of the refund you are getting back . Your broker/agent can review specifics with you . 