my insurance expires in oct but i'm planning to sell my car by nov. so i don't want to pay for my 6 month renewal in oct. is there a way out? thanks for all suggestions.
2007-09-12 07:45:39 · 9 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
Most insurance companies have different methods of paying aside from full payment. You can also make 3 payments and if you do, then pay the first payment and at the end of the time before the next due day, you can cancel the policy. If you are planning on getting another vehicle, pay and transfer the insurance. Even if you do pay the full amount, if you cancel, they will have to refund your money pro rata.
2007-09-12 09:41:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Opt to pay month by month instead of the 6 month premium. If that doesn't work, pay the six month premium and when you cancel your insurance for that vehicle, they will have to pro-rate whatever remaining days you have on your premium. Either way, you won't lose any money.
2007-09-12 07:51:07 · answer #2 · answered by ? 2 · 1⤊ 0⤋
Renew it for 6 months and then cancel it when you sell and get a refund.
2007-09-12 09:22:46 · answer #3 · answered by Chris F 3 · 0⤊ 0⤋
I pay my car insurance mtly, with a $3.00 service charge. You would have to ck with Geico to see they offer. Contact your local agent and they will be able to tell you the options abvailabe with your plan.
2007-09-12 07:50:19 · answer #4 · answered by luvspbr2 6 · 0⤊ 0⤋
I think you can pay month to month rather than all in one lump sum and then when you sell the car simply cancel the insurance. I hope that helps.
2007-09-12 07:48:31 · answer #5 · answered by Steph 5 · 0⤊ 0⤋
you would have to call and ask them. if not, there are plenty of insurance companies that sell month to month. that's what i did one time, when i was moving out of state, i only purchased a one month insurance policy.
2007-09-15 10:45:48 · answer #6 · answered by who cares! 3 · 0⤊ 0⤋
I think some companies allow monthly payments but even if GEICO doesn't, you can get the 6 mo. policy and when you sell your car, cancel your policy and they will refund the unused portion.
2007-09-12 07:49:57 · answer #7 · answered by marlio 3 · 1⤊ 0⤋
why not??. you take on a six month policy, and sell your car, you cansel the coverage, and they have to refund the unused part of the coverage back to you.
I renew every six months, and get a nice discount on the price.
2007-09-12 07:51:13 · answer #8 · answered by duster 6 · 0⤊ 0⤋
Sign up and pay for as long as you own your car.
If you sell it - call them and put have them suspend your insurance. until you purchase a new car.
You dont want to not pay and have it can celled. they have ridiculous fees for being uninsured and starting a new policy.
2007-09-12 07:54:48 · answer #9 · answered by Fuzzybutt 7 · 0⤊ 0⤋
They can do either or...basically it is up to them. I had a friend who was with them, and when she got married, because of her new husbands reckless driving records they just DROPPED HER...I am soooo sderious. They told her that they could NOT and did not want to put him on her insurance.
2016-05-17 22:51:15 · answer #10 · answered by ? 3 · 0⤊ 0⤋