Progressive Insurance Cancellation Fees The service's website states that there are no cancellation fees, but you may not receive a full refund either. Insurers will generally reimburse you for the unused portion of your policy, assuming you paid in advance. However, depending on your state and the time of cancellation, your insurer may charge a cancellation fee. Learn how to get a refund on car insurance.
According to the Insurance Information Institute, Progressive is the leading commercial auto insurance company with a 16.2% market share. Car insurance rates vary dramatically by age, with particularly steep drops when the driver turns 19 and 21. The cheapest insurer for an old car may not be the cheapest for a new car or special vehicle, since each insurer calculates rates differently. 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. Since almost every state requires drivers to have liability coverage, you must have a current auto policy with another insurer when you cancel with your current insurer.
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. Depending on your insurance company, you may be able to cancel your policy by calling your insurer or agent. 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. The Andover Companies is proud to partner with leading local insurance agencies to provide you with exceptional insurance solutions.
It's also worth checking the prices every time there is a change in circumstances that could affect your rate, such as insuring a new car or adding a new driver. Insurers generally charge lower premiums to homeowners, and you can also get a discount for multiple policies if you insure your home and car with the same company. Married drivers typically pay less for car insurance than single drivers, so be sure to tell your insurance provider about your nuptials. If it has improved, report it to your current insurer and then check if other companies can beat your insurance company's price.
You should switch your car insurance to another company when you can find a cheaper rate for the same amount of coverage without sacrificing aspects such as customer service. For nearly two centuries, insurance agents have trusted us to provide their policyholders with the highest quality home and business insurance solutions. There's no need to cancel your car insurance after selling a car if you're driving a different vehicle.