1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    You cannot purchase a one month renter’s policy. You can stop a renter’s policy at any time. Some policies may have a cancellation fee. Refund of unused premium is generally done on a pro rata basis but there is another technique, “short rate cancellation” which will result in a slightly higher earned premium. If this is a concern, check with your agent.
    Answered on October 3, 2014
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