Question for people with car insurance experience?

Question

Ok, heres the deal. I wiped out on my motorcycle and the claim is going to be around $5k. My insurance renews on 6/15 and I already paid the renewal but I'm not sure if the policy was issued yet.

Answer 1

What is your question?  The status of the renewal?  You should be able to get a refund from the insurer if the bike was totaled.

Answer 2

Tell the agent or customer service representative to cancel the policy on the date the motorcycle was totaled. You will get a refund of any unused premium.

However, if you plan on replacing the motorcycle shortly (like in the next few weeks) you might want to consider just keeping the policy in force so that you don't have to apply for a replacement policy.

When you get the new bike it is a lot less hassle to call the agent and just replace the old bike with the new one on an already existing policy instead of having to complete a new application for a new policy because you canceled the original policy.

Answer 3

based upon your situation,I think you should find something useful here.http://car-insurance.easyideas4u.info/vo...

Answer 4

It is going to vary from state to state.  Where I'm at they can cancel within 60 days of a new policy and then only at renewals.  Except for non-payment.  Everyone is going to give you an answer that is their state specific

A site I've recommended in the past would be...

http://www.safelinked.info/go.php?link=i...

Hope that helps.

Answer 5

OK, so what's the question?  "Is the policy renewed"?  Likely it WILL be, but you can still cancel it if you aren't going to replace your bike.