Can i get a refund of the unused portion of my insurance premium if i scrap car before my COE expires?

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John

asked about Scrap/Export Car

about 11 years ago

Can i get a refund of the unused portion of my insurance premium if i scrap car before my COE expires?

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How can we assist you today?

1 Answer

Xin Yi
0
Xin Yi

Different motor insurers have different methods of computing refund. Usually it will be (80% of premium) x unexpired period of insurance (days) / original period of insurance (days). No refund if amount is less than $25.

 

You can check with your insurer if there is any refund on your unused insurance premium.

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about 11 years ago