If Progressive owes you a refund, you should receive it in the same method you used to pay your premium. Credit card transactions should only take two to three business days to be refunded after you cancel coverage. On the other hand, if you paid with a check, it could take up to 12 business days to receive your refund. If you decide to cancel your policy or your insurance company cancels it, you usually won't receive a refund from car insurance unless you've paid the premium in advance.
For example, let's say your policy term is 12 months and you pay the full year's premium in advance. If you cancel your policy after just three months, your insurer will issue an insurance refund for the remaining nine months. So you have your car insurance with Progressive? superb. Wait, do you need to cancel it and get a refund? Safe thing.
That's one of the best things about Progressive, they promise seamless cancellations and offer a lot of methods. How long the process takes depends on how you cancel, and who doesn't want to take the most efficient route? It generally takes one to four weeks to receive a refund from Progressive. Like any insurance company, Progressive Insurance must follow state guidelines in all businesses. This includes how your customers can cancel their policies.
You may be able to do this online, by phone, in person, or by mail. The only way to know is to sign in to your account and look for all the cancellation options. If you see a cancellation option online, it means that you live in a state that allows it. If you have trouble finding your cancellation options, please contact Progressive directly.
They can help you find the most effective option and will tell you what information you need to cancel. If you prefer to send your cancellation request by mail, Progressive has a document that you can download and send by mail, or you can use your own document. Some necessary information generally includes your name, policy number, date of birth and social security number, date and time you want your policy to end. 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.
According to other users, taking time to complete these steps takes time, including time spent analyzing each step and contacting Progressive Insurance if necessary. Because insurance premiums are determined in part by where you live, you can get a lower rate on your new policy if you move to an area where rates are cheaper, and your insurer can reimburse you for part of your insurance premium. If you sell your car and buy a new one, you'll still need coverage because most states require drivers to have car insurance. If you change your car insurance company and find better rates with a different insurer, you may want to cancel your current policy before it expires.
GetHuman has been working for over 10 years on sourcing information about big organizations like Progressive Insurance in order to help customers resolve customer service issues faster. Insurance refunds are generally issued through the same payment method that you use to pay for your insurance. Progressive charges a cancellation fee of 10% of the premium or a fixed rate in some states, although customers in other states don't have to pay a fee to cancel their auto insurance coverage in the middle of the policy. To cancel a Progressive insurance policy, call (86) 416-2003 to speak with a customer service representative and make arrangements for the cancellation to take effect immediately or at a future date.
If the insurance company cancels your policy, you'll normally get a refund from car insurance, unless they cancel the policy for non-payment. The amount you must pay to cancel Progressive insurance coverage depends on a few factors, such as the state laws where you live, how far along the term of the policy is, and how often you pay your premium. If you sell your car and no longer need coverage, your insurance company can send you a reimbursement check if your policy is canceled before its term ends. .