if you are buying again in 2 weeks, DO NOT CANCEL INSURANCE. While it is perfectly legal to cancel insurance, insurance companies search for any gap in coverage(yes, even when you don’t have a vehicle to insure) and raise rates considerably, I mean like double. Yes, even for a 1 week gap. They tried doing it to me, luckily I had my motorcycle still covered through another policy, so I was able to prove that there was never a period when I didn’t have insurance.