Cancel credit insurance in California
General information, not legal advice. Laws change. Facts last checked on 13 November 2026 against the sources linked.
We name no lender and sell nothing.
Credit life and credit disability insurance
You can cancel this insurance within 30 days of receiving the policy or notice for a full refund of the premium paid, or a credit if it was financed.
After that, you can still end it at any time, for any reason, by giving notice to the lender.
Our summary of the law quoted below. Your contract says what applies to you.
Optional? The CFPB says you generally cannot be required to buy credit insurance.
“shall allow an insured to rescind the insurance within 30 days of receipt of the policy or certificate or notice of proposed insurance ... and to receive a full refund, or credit if financed, of any premium that has been paid.”
More from the law (2)
“The debtor shall have the right to terminate credit life insurance or credit disability insurance at any time for any reason upon notice to the creditor.”
California Insurance Code 779.31
“Generally you cannot be required to buy an extended warranty, GAP insurance, or credit insurance.”
- Who to ask: California Department of Insurance 1-800-927-4357
Not covered yet
These pages do not yet cover paint and fabric protection, tire and wheel protection, key replacement, theft etching or prepaid maintenance plans, and state no rule for them. For questions, read the contract or ask the offices below.
- Paint and fabric protection
- Tire and wheel protection
- Key replacement
- Theft etching
- Prepaid maintenance plans