How to cancel progressive insurance? Progressive Insurance is one of the largest providers of auto, home, and renter insurance. There are times when life circumstances change and you may have to cancel or switch providers on progressive auto insurance or one of the company’s other policies. You need to know how to cancel progressive insurance to ensure you don’t pay a cancellation fee or experience a gap in coverage or you’ll end up paying for coverage longer than you need to.
Reasons to cancel Progressive car insurance
There are times when you want to cancel car insurance; You may find better rates from another auto insurance company and decide to switch providers or bundle your car with your home provider. You may also decide to cancel your policy because your vehicle has been sold, totaled, or stolen.
You are not “stuck” with insurance until the policy expires. Remember, canceling your car coverage without a replacement policy is not a good idea if you still intend to drive the vehicle, even if you can no longer afford the cost of car insurance.
A better option if you can’t afford more extensive coverage is to opt for the minimum required by law. Most insurers report a gap in coverage to the RDW, which can affect your vehicle registration or even lead to your driver’s license being revoked.
How To Cancel Progressive Insurance
There are a few ways to start the cancellation process, depending on the insurance company. Although it would be the most convenient option for most, unfortunately, you cannot cancel your progressive policy online. Progressive cancellation policies require you to call instead. Follow these steps:
- Call Customer Service at 1-866-416-2003.
- Enter the effective date of the cancellation.
- Provide the name of the new insurance company, if applicable.
- Ask if you are eligible for a refund of prepaid premiums.
How To Cancel Progressive Insurance By Phone:
- Call Progressive at 1-888-671-4405 to cancel.
- Indicate the date on which you want to cancel.
- Please purchase replacement insurance before termination to avoid gaps in coverage.
- Pay the cancellation fee.
- Check your refund for unused bounties.
Progressive says you get a refund for unused coverage. They don’t say how they prorate the refunds or whether they incur cancellation fees.
How to cancel progressive insurance by email:
To cancel via email, you need to log into your progressive account first and then email them from there. Progressive states that this step is necessary to protect your privacy. Once registered, send them a cancellation email with the same information as above.
To cancel by post, send a signed cancellation notice with the same information as above to:
- The Progressive Corporation
- 6300 Wilson Mills Rd.
- City of Mayfield, Ohio 44143
How To Cancel Progressive Insurance Online?
Unfortunately, Progressive does not offer a way to cancel your insurance policies online. The only way to cancel a progressive policy is to call customer service, email them with a cancellation notice, or send them a physical letter with a signed cancellation notice.
Are there progressive cancellation fees?
There are no progressive cancellation fees according to the provider’s website (although some customers have reported a fee), but you may not necessarily get a full refund either. Here’s how Progressive will charge you when you cancel your coverage:
- Pro-rata: Calculation of remaining coverage based on remaining days. Progressive can refund you 90% of unused coverage days, keeping 10%.
- Short-term interest: The older your policy is, the less you will get back because it is assumed that you used up more of the premium at the start of your policy than at the end.
Exactly how much Progressive charges you will depend on the state you live in and what the rules are for cancellations. Ask in advance if you will receive a full refund for the unused portion of your policy. It may be best to consider the potential cost of your cancellation or wait for your policy to expire (if it’s about to expire), just in case.
Considerations when canceling your Progressive policy
Depending on the uncertainty about how much Progressive will reimburse you for the unused portion of the policy you wish to cancel, you should consider whether it is worth canceling now or waiting for the term to be extended.
Will I get my money back or will I owe money if I cancel?
As mentioned above, Progressive may refund a portion of your remaining unused policy. Each state and policy may have its own rules, so to determine the refund amount, you will need to contact an agent.
Where does Progressive need additional information?
There are no additional requirements to cancel your auto insurance policy once you decide to change or end your coverage. However, almost all states require you to keep a minimum amount of auto insurance in place.
Can someone else cancel my progressive policy for me?
Progressive will require the owner of the insurance policy to cancel the policy. To make sure it’s you, you’ll be asked to answer a few questions to verify that you’re the owner who called to cancel.
Make sure you have another policy before you cancel
If you’re canceling your auto insurance because you’re switching, make sure your new policy takes effect on the same day you cancel your progressive auto insurance. Let Progressive know which operator will handle your administration. If you do not do this, Progressive may be legally obliged to report you to the RDW. Depending on the state, not having insurance on your vehicle can affect you in several ways:
- Your license may be suspended and you will have to pay expensive license recovery fees.
- You may not be able to renew your registration certificate.
- They may charge you a fine.
- In more extreme cases, you could face jail time.
Consider suspending your policy instead of canceling
If you are concerned about canceling your insurance policy and have major legal problems due to the end of coverage, it is better to suspend your policy for some time. Suspending your policy still takes work: In some states, you may need to file an “Affidavit of Non-Use” with your local DMV before you can suspend your coverage (because suspending your policy means you won’t be able to use it for a while). Ask your insurance company if they have policy alternatives, such as seasonal or stored vehicle coverage at a discounted price.
How To Cancel Progressive Insurance Conclusion
Knowing how to cancel progressive insurance can save you from the dangers of lapse of coverage, which can lead to driver’s license suspension or fines.
You cannot cancel progressive auto insurance online; you must call customer service to start the process.
Progressive does not currently refer to cancellation fees on its website, but you may still be charged up to 10% of your remaining policy before you receive a refund of prepaid premiums.
Certain circumstances require or motivate you to switch providers, and it is perfectly legal to do so. Whether you decide to switch or no longer need coverage, canceling a progressive policy requires you to call to speak to an agent. Most states require drivers to have at least a minimum amount of liability insurance, so if you want to cancel progressive auto insurance because you found a better deal elsewhere, make sure there’s no break in coverage.