How to Cancel Insurance After Vehicle Transfer?
1 Answers
The first method is to change the policyholder. This method is very simple, the vehicle transfer is completed at the DMV. To apply for cancellation, you only need to pay the premium from the start of the insurance to the time of cancellation, and the insurance company will refund the remaining premium accordingly. If you choose to transfer the used car insurance, the required materials include filling out a car insurance transfer application form, and both the old and new owners need to be present. Transfer the existing insurance to the new owner. The insurance transfer should be processed after completing the owner information change in the 'Motor Vehicle Registration Certificate' and obtaining the vehicle license plate.