The process of requesting a refund on your car insurance differs from company to company. Some car insurance companies will allow you to cancel your policy and request a refund over the phone. But there are some insurers, such as The General, who will ask for a written notice of cancellation before a refund can be initiated. Call your insurance company’s customer service hotline or speak to your local agent to confirm the details of its refund policy.
Generally speaking, if you’ve already paid the premium for the entire policy term, most insurance companies will refund any unused portion. Keep in mind that some car insurance companies will charge a cancellation fee, usually a set percentage of your premium.
To cancel a Progressive insurance policy, call (866) 416-2003 to speak with a representative and arrange for the cancellation to take effect immediately or at a future date. You can’t cancel Progressive insurance online, but you can cancel over the phone at any time. Just remember to purchase a replacement insurance policy that takes effect prior to cancellation in order to avoid a lapse in coverage, if you plan to continue driving.… read full answer
How to Cancel Progressive Auto Insurance
Call (866) 416-2003 and follow the prompts to speak to a representative.
Provide the date you want the cancellation to go into effect.
Pay any necessary cancellation fees.
Confirm that you receive a refund for unused premiums.
Progressive says you will be refunded the money you paid in advance for coverage you won’t use. Unfortunately, they don’t give details about how they pro-rate refunds or whether they charge any cancellation fees.
Progressive Insurance Cancellation Fees
Customers report a range of experiences with Progressive’s cancellation fees. Some were charged 10% of their outstanding premium, while others paid a flat rate of $50 to $65. Many say they paid no fees at all.
The amount you have to pay to cancel Progressive insurance coverage depends on a few factors, like state laws where you live, how far into the policy term you are, and how often you pay your premium. Check your Progressive policy or speak with customer service to confirm what fees (if any) you’ll have to pay before you cancel.
How to Decide When to Cancel a Progressive Insurance Policy
It’s a good idea to shop around for car insurance and compare quotes from different companies. But make sure you don’t lose more in fees by switching policies mid-term than you gain in lower premiums.
It’s usually easiest to wait until the end of your policy period to switch insurers—just make sure you have a new policy in place before you cancel with Progressive. Driving without insurance can have serious consequences, and a lapse in coverage of any length can make future rates more expensive.
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