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John asked about Scrap/Export Car
over 9 years ago
Can i get a refund of the unused portion of my insurance premium if i scrap car before my COE expires?
7,768 Views 1 Answer
How can we
assist you?
1 Answer
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.