Yes if you choose to cancel your car insurance policy within the 14-day cooling-off period it is a legal requirement that youre granted a refund.

Is there a charge for cancelling car insurance. However some insurers charge a flat cancellation fee of 50. 96 of customers recommend us. Car insurance cancellation fees are around 50.

Well also charge for the time on cover if youve made a claim the full price for the year will charged. Participating Garages Only Geographic Restrictions Full TCs Apply. Insurers cannot charge you a cancellation fee if you choose not to renew an expired policy.

Others charge a short rate fee of 10 which means you need to pay a 10 fee on the remaining policy you signed up for. If you are subject to cancellation fees they usually cost around 50 according to temporary car insurance provider Cuvva. Cancelling after the cooling-off period If you cancel your insurance policy after the cooling-off period you might have to pay a cancellation fee.

Cancellation after 14 days If you want to cancel your insurance please get in touch. Ad Save On Car Expenses Today. If you cancel your car insurance early your insurer will usually charge a fee.

But be aware that some car insurance policies do include a renewal fee especially those from online brokers. Some Admiral policies cost more to cancel. Common Cancellation Policies for Insurers Most car insurance companies do not charge cancellation fees.

There could also be other charges like an extra admin fee. Insurers have to offer a 14-day cooling-off period when you take out a policy. So you can generally avoid fees by waiting until the end of your policy and then switching to another insurer.