What happens if I clicked ‘buy’ too soon and I want to change my mind?
If you've been a little too keen and bought a policy that on reflection isn't quite right for you, don't worry. By law, you have a 14 day cooling off period and you can cancel the policy anytime within this time. Some insurance providers may even give you slightly longer, but you'll need to check with them.
Your 14 days 'cooling off' starts from when the policy begins or when you receive the policy paperwork, whichever is the later date. You should receive a refund for anything you've already paid for, but you'll probably be expected to pay for the few days that the policy was active for, as well as administration fees.
You can still cancel your car insurance policy after the cooling off period, and in most cases you'll be refunded for any months you have left on the policy. However, you'll most likely have to pay a cancellation fee and administration charges, so this may wipe out any refund you're owed.