1. 575 POINTS
    Mathew Erickson
    Owner/Agent, Erickson Insurance Agency - Farmers Insurance, Canton, OH
    You can change your car insurance anytime you want. If you have pre-paid, you will get a partial refund from your current insurance company (minus the portion they have already earned for the period of time they insured you.)  However, if you have other insurance and your car with the same company, you are probably getting a discount for having multiple insurance policies with that company. In this case, you will want to ensure that you won't pay more on one policy by moving your car insurance to another company.
    Answered on March 24, 2014
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    People cancel car insurance often.  Notify the agent who wrote the original policy that you want to cancel coverage.  An endorsement will be sent to you showing the termination of coverage along with either a bill for premium that has been earned or a refund of excess premium.  Often people change carriers without fully evaluating the impact on their entire insurance program, something requiring caution.
    Answered on July 10, 2014
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