California DMV 35 Day Cancellation Guidlines

If you are reading this you already know what I am talking about.  You probably just got off the phone with your insurance agent, and you tried to cancel your commercial truck insurance policy with a MCP filing issued to the DMV.  You were informed that you cannot cancel your policy effective today because the California DMV requires that you give them 35 days notice of cancellation before your coverage is cancelled.  Let's talk about a couple different ways you can avoid this cancellation guidline and get back as much of a refund as possible back from your carrier.

1.  The first way is to look at your billing.  Are you current on your payments or are you already behind and has a cancellation notice already been received.  If you are current go straight to step two.  If you are a few days, or a couple weeks late on your insurance payment it may be faster to let your insurance policy cancel for non payment.  Ask your agent how long it will take for your policy to cancel if you dont make any more payments.

2.  Go to http://www.covermybigrig.com/ and go to the "forms" section of the website.  You will find a form called "Request for Voluntary Withdrawal of Motor Carrier Permit."   or you can find the form on the DMV website here: http://dmv.ca.gov/forms/mcp/dmv716mcp.pdf. Fill out that form and send a copy to the DMV and send another copy to your agent and/or your insurance company.  Some will accept a copy of this form as evidence you are cancelling your permit, and others will require a copy of the written response from the DMV with regards to this request.  Either way this will expedite the cancellation process and get you back the biggest refund possible.

Hint: Most insurance agents don't want to tell you about this option because it means they have to give back more commission as your policy will cancel a month sooner.