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Vehicle insurance do you have to pay the last two months of your policy?

Ok my insurance company requires two months deductible before they start my policy. If i leave the insurance company do they use my two month deposit too pay the last two months??????

No.

If you cancel your policy before it is "up", that money goes to pay the short rate penalty and cancellation fee, if applicable; or if you just stop paying for it, it pays the cancellation fee, and for insurance, for the time it takes to give your legal notice of cancellation in your state.

If you keep the insurance, you won’t get a bill the last month.

This entry was posted on Tuesday, March 9th, 2010 at 12:37 pm and is filed under vehicle insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Vehicle insurance do you have to pay the last two months of your policy?”

  1. No.

    If you cancel your policy before it is "up", that money goes to pay the short rate penalty and cancellation fee, if applicable; or if you just stop paying for it, it pays the cancellation fee, and for insurance, for the time it takes to give your legal notice of cancellation in your state.

    If you keep the insurance, you won’t get a bill the last month.
    References :

  2. Some insurance do, but many also asked just a month advance. Anyway, if you are looking for a very affordable car insurance, I recommend you check the site below to get free quotes and compare premiums from the leading car insurance companies in the US.

    http://www.goodinsurancepolicy.com
    References :

  3. You are confused on the difference between what a "deductible" is and what a premium is.
    References :

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