Will They Repo My Car If I Don’t Have Insurance? Insurers definitely have the right to repossess your car for no insurance, but most won’t exercise that right. Instead, they may choose to purchase lender-placed insurance on your behalf. This is an expensive type of coverage that you’ll be paying for, as they’ll likely tack
How Do I Cancel My AAMI Insurance Policy? Fortunately, auto insurance companies generally give you the right to cancel your policy at any time as long as you give proper notice. While most insurance companies will likely refund your unused premium, some may charge a fee if you choose to cancel in the middle of
Is It Legal To Charge Cancellation Fee? Cancellation fees are legal, as long as the customer either explicitly, or at least implicitly, agrees to it. … (Think about the signs in many doctor’s offices, which say that there is a cancellation fee if an appointment is not cancelled sufficiently far in advance.) When can you
What Happens When An Insurance Company Cancels Your Policy? Once a policy is canceled, insurance companies are required to alert the state’s Department of Motor Vehicles. If you’re unable to (or choose not to) find active coverage, the state may require you to turn in the car’s tags and surrender driving privileges or buy a