Hello. I bought a car a week or 2 ago and the guy who sold it ended up lying about a bunch of issues, and hid them, so I ended up losing out on a couple thousand dollars in the end by having to “sell it” to someone who said they’ll fix and resell. I had it insured under Progressive for like 3 days, and obviously have to cancel it since I no longer own the car, and now apparently owe $200. For 3 days. I’m assuming there is nothing I can do, my fault for buying a faulty car and insuring it, but if you have any suggestions let me know. I already lost out of $2000 to a fraud and I don’t know how much more I can take. Thanks.

    Insurance Cancellation?
    byu/LHailey05 inInsurance



    Posted by LHailey05

    3 Comments

    1. Early cancellation fees are uncommon but do exist. If your policy doesn’t have them, you’ll only owe for the days the policy was in place. Your monthly bill *probably* wasn’t $2,000 so there’s either an early cancellation fee or a miscommunication somewhere

      Call Progressive and ask them exactly what the $200 is

    2. livinginthebubble on

      Progressive is known to have an early cancellation charge. It’s $50 minimum, at least from my own experience. Call and ask, or ask your agent, if you have one

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