If the insurance company cancels your policy, you'll normally get a refund from car insurance, unless they cancel the policy for non-payment. If payment doesn't occur, you won't receive any refund and you'll continue to owe the insurer any unpaid premiums. If you're thinking about canceling your Progressive insurance policy but don't know when you should, don't rush. The amount you have to pay to cancel Progressive insurance coverage depends on a few factors, such as the state laws where you live, the term of the policy, and how often you pay the premium.
You can start the cancellation process offline; at this time, Progressive Insurance does not allow online cancellation. Most of the time, the auto insurance rate increases as a result of increased insurance risk for the policyholder. If you change your car insurance company and find better rates with another insurance company, you may want to cancel your current policy before it expires. 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.
Canceling Progressive Insurance may result in you having to pay certain fees, but in certain situations, you may not have to pay any fees. At the same time, you should keep in mind that if you didn't choose another policy before canceling, you still shouldn't get rid of your car insurance if you still want to drive your vehicle. When you want to cancel GEICO insurance or any similar service such as Progressive Insurance, you should make sure you follow the right steps. If you're a new customer of Progressive, you'll notice that your auto insurance premium will increase after the first 6-month policy period, especially if you file traffic violations or a claim to be added to the registry in the meantime.
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 midway through the 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. 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 cancel your policy after just three months, your insurer will issue an insurance refund for the remaining nine months.