1. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    You can switch auto insurance in the middle of your term. That is, if you have a 6 or 12 month policy where the rate is guaranteed during that time, you can change companies. If you paid ahead, you may receive a short-rated refund, depending on the timing and carrier.

    If you shop a top auto insurance website, you will be able to view multiple quotes from the most reputable companies and perhaps save money. An experienced broker can do the shopping for you so you do the saving. What a great concept!
    Answered on May 7, 2013
  2. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    Auto insurance is an at will product. This means that you can change carriers at any point that you wish. You will have to pay your premium to the carrier you are signing with and then inform your current carrier to cancel your policy effective the start date of the new policy. Your current carrier should refund any unused portion of the premium that you already paid for the current term.
    Answered on October 29, 2013
  3. 15645 POINTS
    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    You can switch your auto insurance in the middle of a policy period. But unless your savings is enough to offset ant early cancellation penalty, you may want to wait for the renewal. To determine if it is wise to cancel early, a licensed and registered broker can help you determine the viability of changing and whether it makes prudent financial sense.
    Answered on March 12, 2014
  4. 0 POINTS
    Tom Larsen
    Chief Encouragement Officer, Larsen Insurance Agency, Buffalo, NY
    You absolutely can cancel an auto policy mid-term. Then that auto insurance company must give you back any "unearned" premium, for which they are not entitled to. They can only keep money that they have "earned" while insuring you and your auto. Don't let anyone tell you anything differently than that.
    Answered on March 12, 2014
  5. 644 POINTS
    Alex Pfeifer
    Owner, Pfeifer Insurance Brokers, Burlingame, CA
    Yes. You can switch auto (home, renters commercial or most any other) insurance at anytime. Some companies may charge an early termination fee, but must do not. You should receive all of your unused premium back. Your insurance policy or your agent or broker should have information on early termination fees.
    Answered on April 11, 2014
  6. 385 POINTS
    Soarella - Mary Gruenberg
    President, Soarella, Inc.,
    Insurance companies don't force anyone to keep a policy in force regardless if it is auto, home, life, disability, long term care, health, business, workers' compensation, etc.  However, type of policy and state where you are located can make a difference in how the cancellation is calculated.  With an auto policy, you would want to contact the company or your insurance professional to determine if the cancellation is pro-rated or short-rated.  Pro-rated means the company will only charge you premium for the days used.  A short-rated calculation provides for a penalty.  This information is also included in every policy contract.
    Answered on April 15, 2014
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