Q: I canceled an insurance policy within two weeks of getting it they refuse to refund my deposit is this legal
The premiums were outrageous and they wanted me to pay almost $800 for the month so I bought a new policy I bought the original policy on 2/6 and began the cancellation process on 2/15 that is 8 days are they entitled to keep the 363 dollar deposit or am I entitled to receive it back
A: An Indiana attorney could advise best, but your question remains open for two weeks. It could depend on the terms of the policy. Many reputable carriers will honor pro rata adjustments for unused premiums - but again, it could depend on the policy. Good luck
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