When to Cancel My Insurance After Selling a Car
Can I Cancel My Car Insurance When I Sell My Car?
Rest assured, it is possible to cancel your car insurance when you sell your car. However, it’s important to know precisely when to cancel your car insurance and to follow a few important steps. First, you must complete the sale of your car, which you can also do with the help of our San Antonio buying center. Once you have sold your vehicle and transferred the title to the new owner, you are no longer responsible for the car insurance. Learn more about what you need to do to cancel your car insurance today.
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How Do I Cancel My Car Insurance After I Sell My Car?
Once you have completed your sale, you will simply notify your car insurance company to cancel your policy. Your car insurance company will request a bill of sale to prove that the car title is no longer in your name. From there, you will follow the cancellation process of your car insurance company. Each car insurance company has a different cancellation process ranging from written cancellation requests to a quick online cancellation. It’s also important to note that some car insurance companies charge a cancellation fee.
In Texas, it is also mandatory to notify the Texas Department of Motor Vehicles (TxDMV) when you sell your car and cancel your car insurance. Be sure not to cancel your car insurance before you sell your car. By following these easy steps, you avoid unnecessary charges and ensure the correct change of documentation.
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Sell My Car Process Made Easy at Gunn Auto Buying Center
It’s always helpful to understand the important yet simple process of canceling your car insurance after selling your car. If you still need help with your car sale, stop by our San Antonio Buying Center today. Contact us for more information.