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 Posted: Wed Dec 30, 2009 6:24 am Post subject: Cancelling Insurance due to Car Sale |
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Hi,
I am selling my car but my auto insurance policy has just been renewed. Can the insurance company (in my case Nationwide) apply a cancellation fee? I reside in North Carolina.
I believe that I am entitled to a refund but certain conditions need to be met which I do not know. My policy does not state any cancellation fee explicitly.
I will appreciate any information on this matter.
Thanks for your help!
Dave
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dcleaves
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| Posted: Wed Dec 30, 2009 11:41 am Post subject: |
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This would be a state dependent issue. In my state, 'no' there isn't, or atleast I've never seen one...you can check your states dept of ins website, there should be info there regarding this if allowed.
Have you canceled it and they told you there is a fee?
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Lori
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Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
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| Posted: Thu Dec 31, 2009 2:15 pm Post subject: Cancelling Insurance due to Car Sale |
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Thanks Lori for your response!
I have not as yet canceled it since I am in the process of finalizing the sale. However, I wanted to know beforehand if such a thing applies.
Thanks,
Dave
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dcleaves
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| Posted: Thu Dec 31, 2009 10:29 pm Post subject: |
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Glad we could be of assistance, if you have time Dave, and find out your state does allow this, plz let us know..
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
Moderator
Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
287.90 Dollars($)
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