While many people choose to switch to a new insurance company on the renewal date, you can usually cancel your Progressive policy at any time. Keep in mind that you may incur cancellation fees depending on the state in which you live and the specific details of your policy. However, in many cases, you may have no cancellation fees and you will receive a refund for any unused part of your policy. If you're a new customer of Progressive, you'll see your car insurance premium increase after the first 6-month policy period if you file a claim or if traffic violations are added to your driving record during that time.
These steps will guide you through the process of canceling your Progressive car insurance policy, whether you're trying to change your policy or get a better deal on your current policy. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. However, it also makes sense to look for lower rates on car insurance policies from time to time to make sure you save money and get the coverage you need. For example, if you combine renters or homeowners insurance with an auto insurance policy and cancel your auto insurance, your home insurance rates are likely to go up.
If you change your car insurance policy, it usually makes sense to leave a day or two in which both policies (your current policy and the policy you're switching to) overlap. The only reason that would delay canceling your car insurance in Progressive would be if you didn't include all the required information. However, another reason why Progressive might increase rates after 6 months is that insurance costs across the market have increased over time. If you use an insurance broker for your car policy with Progressive, then you won't have to worry about how to cancel your Progressive auto policy.
Progressive generally doesn't allow you to cancel your car policy online, which means you have to contact Progressive on the phone and talk to a customer service agent. Increases in auto insurance rates are often related to increases in the policyholder's insurance risk. This could provide you with the information you need to negotiate a lower price with Progressive and not have to change car insurance companies at all. In addition, knowing the exact coverage you have can help you research the prices of other car insurance companies.
If you simply want a better deal on your car insurance premium, it's usually a good idea to do some research on competing policies and prices before calling Progressive to cancel. If you have multiple insurance policies with Progressive, which could include a home and car insurance package, canceling the part of the car insurance package could have a major consequence: you're likely to lose any applicable discounts for multiple policies you might have. If you're ready to switch car insurance providers, here are step-by-step instructions on how to cancel your Progressive car insurance policy, as well as important tips to keep in mind when looking for new insurance.