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Auto Insurance Refund

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The good news is I’ll be getting a check in about three weeks. Since I cancelled my old auto insurance after paying most of the premium, I’ll be receiving $2,819 in the mail. I’ll put the remainder of the premium due on my new insurance into a savings account where it can earn some interest as I pay the company every month.

Since this month’s been a little tight, any part of the refund left over after paying for my new insurance will probably go to ease the effect of this month’s bills.

Updated February 6, 2012 and originally published June 14, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

{ 2 comments }

avatar CryptoJoe

I get a good discount if I pay my insurance (progressive) policy in full every six months. I typically put it on my discover card, make the extra 1+ percent, and pay it off that month.

avatar Luke Landes ♦127,435 (Platinum)

For me, the cheapest plan was to let them automatically deduct one twelfth of my premium each month.

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