Can I change insurance? Lender already paid from escrow

[Peter Morgan]

Hello,

I am looking to switch my insurance company to save on insurance premium ,unfortunately the lender already paid in full for the entire year already. Can I still make the switch with a full refund from the previous company? Current insurance expires in 12 days

Thanks

[Scott M.]

Yes. Insurance is prorated (generally) to the day.  Doesn't matter if you paid a year in advance, when you cancel on X day with old company they should refund you from X day to the end of the policy and your new company will take over from X day.