found cheaper insurance can i cancel
If you're thinking of canceling your auto insurance, you might want to reconsider. There may be times that you want to cancel an auto insurance policy because you have found a cheaper insurance company or maybe you simply don't have a car anymore.While you never want to have insurance on a car that you don't own, you may want to consider waiting--if you simply found a cheaper policy.The reason is many auto insurance companies (if not most) will charge you a hefty cancellation fee for choosing to cancel your policy.he insurance company will inform the company that it's canceling your car insurance policy. At this point, three possible things might happen: 1  The company gives you a short period in which to obtain new insurance. 2  The company imposes its own insurance and adds it to your monthly payments.