Stop paying to stop your auto insurance policy?

Stop paying to stop your auto insurance policy?

You have been advised to stop paying your car insurance payments so that the insurer will terminate your contract to your auto insurance contract without having to have a cancellation fee. It is true that the insurer will then cancel your car insurance contract, but it is not without consequence. Traces will be left in your credit report, a balance to be paid will be maintained with the insurer and he will also claim a penalty.


This could also be detrimental to your next search for auto insurance and your future insurer will obviously have access, through your insurance file, your last termination a little questionable contract.

It is therefore very logical, and more honest, to send him a notice of termination of auto insurance in writing.


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