1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    That depends on the insurance carrier. Some insurance carriers have a fee that is applied to new business that is non-refundable upon cancellation of the policy ( this is known by various names and will typically be a relatively small amount ). In many cases though there will not be any fees involved with cancellation of one policy or the start of another policy. When you are speaking with local agents ask them about fees for starting or cancelling a policy.
    Answered on October 10, 2013
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