I changed my auto insurance coverage from company A to company B, effective July 1. I later found that company A had processed an automatic premium payment for the period July 5 - Aug. 5. I called company A and they said they would refund my premium in 10 days. This is not acceptable to me. Could I call my bank and request a "chargeback" for the premium I paid so I can get my money back faster? Are there any downsides to doing this?
EDIT: The insurance company refused to work with me to get my money back to me in anything less than 10 days, so I took matters into my own hands and called my bank to reverse the automatic payment. They got the money back into my account by the next morning with no fee.