Cancelling monthly car insurance You can cancel monthly car insurance early but you will usually have to pay.

Do you get charged for cancelling car insurance. Generally speaking if you cancel within the first 14 days most insurance companies wont charge a fee for cancelling but be aware that some will. But its important to be aware that potentially high cancellation fees can mean this refund is very small or even non-existent. How much you are charged will depend on your specific circumstances and the terms of your policy.

When you cancel youll get the rest of your premium refunded minus another charge for the time youve been insured. The total cancellation cost is usually higher with monthly car insurance than it is if you pay for your insurance up-front. But be aware that some car insurance policies do include a renewal fee especially those from online brokers.

43 rows To cancel a standard Admiral car insurance policy youll need to pay a 55. If you cancel within the first 14 days the fee might be lower or there might not be a fee at all. Our fees We charge fees to cover the costs involved in setting up servicing and cancelling a policy and its important you understand them.

Like other providers we charge a fee to change a policy. Compare cheap car insurance quotes. Compare cheap car insurance quotes.

Study the small print. If you cancel your car insurance early your insurer will usually charge a fee. There could also be other charges like an extra admin fee.

However if your policy has been active for longer than that youre likely to have to pay a cancellation fee and the cost for the time youve been insured pro-rata. If you are subject to cancellation fees they usually cost around 50 according to temporary car insurance provider Cuvva. The cost of cancelling your car insurance policy varies considerably it can be free for some people but others may be subject to an admin or cancellation fee.