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Car insurance cooling off period


Yes, if you choose to cancel your car insurance policy within the 14-day cooling-off period, it is a legal requirement that you're granted a refund. But you will be charged for the time when the policy was active and you may also have to pay an administration fee, so check the terms and conditions of the policy.

Is it free to cancel insurance within 14 days?

Cancelling during the cooling-off period By law, you have a minimum 14-day cooling-off period during which you can cancel the policy for any reason. If you've bought life insurance, the cooling-off period is 30 days.

How long do I have to cancel an insurance policy?

When you take out a car insurance policy, you'll start a cooling off period - something you're entitled to by law for all types of insurance. It means you have at least 14 days, starting when you receive the paperwork, to change your mind about your insurance and cancel your policy without paying any extra fees.



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