Can I buy motorcycle insurance for one month and cancel?

Question

I'll be going away for college in a little over a month and I wanted to insure my motorcycle to I can ride it for the remainder of the summer. If I only want insurance for one month, should I just tell them that, or buy coverage with monthly payments and stop paying after the first month? Also, if I just stop paying, will this make it harder to get coverage from them in the future?

Answer 1

Do not just "stop paying."  You're insurance continues for a couple months even if you don't pay.  When the policy is finally cancelled for non-payment, you will still owe the insurance company for the months you were insured, but not paid for.  They can (and will) send you to collections for this money and they are unlikely to take you on as a customer in the future.

When you decide you no longer want insurance, just call up your insurance company and cancel your policy.  They will refund any premium that you paid but didn't use.  You don't need to provide them with a reason.

There's no reason not to be up-front with the insurance company when you first sign up.  Just ask them "are there any penalties if I cancel my insurance before the expiration date?"

The other thing that you have to be careful about is your registration.  Many states require current insurance to keep a car registered.  If you cancel your policy, your insurance company may notify DMV that you are no longer insured.  DMV may suspend your vehicle registration until you get new insurance.  You might just call up the DMV office in your state and run this scenario past them so that you don't face any unexpected penalties.

Answer 2

Of course you can get it for a week then cancel. Just pay your premium and you'll be good to go. Happy motoring. Progressive is a good company to go with.

Answer 3

Not sure what Dani was babbling about but tell the insurance company your intentions. This way you will not have a cancellation for non payment on your record. Getting one of these on your policy can get you listed for High Risk insurance when you reapply.