1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    Auto insurance is normally written for a term of from six months to one year.  Most insurance companies will allow a policy to be cancelled at any time and any unearned premium is returned to the customer.  Many companies provide for payments to be made electronically on a monthly basis.  If you are looking to buy a policy to satisfy a state requirement and then let it lapse, you will find that when you have an accident, you will probably get another ticket if you are not currently insured.
    Answered on April 22, 2014
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