Insurance

Easy Steps On How To Cancel Progressive Insurance Plan In The USA

Easy Steps On How To Cancel Progressive Insurance Plan In The USA

Easy Steps On How To Cancel Progressive Insurance Plan In The USA

Easy Steps On How To Cancel Progressive Insurance Plan In The USA

Progressive is an insurance company that takes pleasure in providing reasonable rates and a range of package options. But there are still several reasons why you might want to cancel your insurance plan with them, despite the fact that they are among the most well-known auto insurance providers in the United States.

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No matter if you’ve found another insurance company with lower rates or coverage you like, the cancellation process shouldn’t ever stand in the way of you selecting the one that is ideal for your requirements and situation. 

In this article, I have outlined the easy steps you can take to cancel your Progressive Insurance plan without issues and some other important information you need to know.

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How Do I Cancel My Progressive Insurance Plan?

Cancellations of auto insurance policies with Progressive Insurance can be made by phone, in person, or by mail. You are not allowed to cancel your insurance plan online.

Calling the main customer support line at 888-671-4405 to seek your cancellation is the most secure course of action because  Progressive employees are on duty at that number around-the-clock, every day of the week.

You’ll need to provide your name, policy number, date of birth, Social Security number, as well as the date you want the insurance to end, in order to cancel it. You might also be required to show evidence of the sale of the insured vehicle (if that is your reason) or the start of replacement coverage.

Although you can cancel your insurance the same day you call, it is better to wait until your policy expires. This will eliminate the possibility of Progressive charging you a cancellation fee. 

But if you choose to cancel your plan before your policy expires, Progressive Insurance will repay premiums for unused days if you terminate in the midst of the policy term, after deducting any cancellation fees.

How To Cancel Progressive Insurance Plan In The USA

Progressive Insurance Cancellation Fees

Several users have reported being charged fees despite Progressive Insurance not making its cancellation fee policy available online. The cost of canceling your auto insurance can change depending on your location, the kind of coverage you have, and the cancellation date in relation to the policy’s expiration date. According to WalletHub, Progressive charges cancellation fees that range from a flat fee of $50 to $65 to a 10% premium.

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Call 888-671-4405 to see if you are liable for a short rate, surcharge, or cancellation fee if you are thinking about leaving Progressive. If so, ask the salesperson to direct you to the section of your auto policy documents that addresses cancellation fees. 

Check the data to make sure that the agent’s response was correct. In general, cancellation fees only apply if you terminate your policy in the middle of its term. Make adjustments and leave Progressive on the same day your current policy expires if you are liable to be charged a cost after confirmation.

Documents To Prepare Before Contacting Progressive Insurance For Cancellation 

 

  • Your Progressive vehicle insurance card first. (You can download a pdf version on the Progressive app if you don’t have it close at hand.)
  • Your policy’s expiration date will be listed on your ID card. (You should prepare to cancel your Progressive vehicle insurance on that day as explained earlier).
  • Locate the policy declarations page next and examine your coverages and deductible amounts to see if they are still necessary.
  • Write out the future coverages and deductibles you desire if they don’t. (These are the ones you’ll utilize to gather insurance prices to replace your Progressive policy).

Information That Will Be Requested When Cancelling Progressive Insurance 

All the information that will be requested from you when canceling your Progressive Insurance plan are ones you can easily provide. They are:

  • Your name
  • Policy number
  • Date of birth 
  • Social Security number
  • Proof of replacement coverage (only if you want the policy to be canceled on that same day of request).

How To Cancel Progressive Insurance Plan by Phone 

To cancel your progressive insurance plan by phone, follow the following steps:

  • Call Progressive at 1-888-671-4405 to cancel and inform the customer service representative that you will like to cancel your progressive insurance
  • Tell them the day you want to cancel.
  • Provide the information above
  • To prevent coverage gaps, ensure you buy replacement insurance before termination.
  • The cancellation fee (if applicable) will be deducted automatically

How To Cancel Progressive Insurance Plan In The USA

How To Cancel Progressive Insurance Plan by Email

To cancel Progressive Insurance by email, you must first log in to your Progressive Account and send them an email from there. According to Progressive Cancellation policy, taking this action is essential to safeguarding your privacy. 

  • Send them a cancellation email with the same details and wait for their response.

How To Cancel Progressive Insurance Plan by Mail

To cancel your Progressive Insurance plan by mail, send a signed cancellation notice with the same details as above to:

The Progressive Corporation, 

6300 Wilson Mills Road

City of Mayfield, 

Ohio 44143.

Should I Cancel My Progressive Insurance Plan Or Not?

Don’t rush if you’re considering canceling your Progressive insurance policy but are unsure of the best time to do so. Once you locate something more convenient and are convinced to want to work with that firm, you can start browsing about insurance companies and comparing quotations. 

To avoid losing more money than you gain from inexpensive premiums, it is advisable to be sure there are no costs associated with switching insurance in the middle of the term.

ALSO, READ Understanding Car Insurance: The Cost and Policy Coverage

Preferably, you should only swap insurers at the end of a particular policy period, and you should ensure that you have a new policy in place before canceling Progressive Insurance. Driving without auto insurance is the absolute last thing you should be doing.

Other Alternatives To Cancelling Your Progressive Insurance Plan 

If you’re currently debating whether to cancel your insurance, it can be beneficial to consider your options before making a final choice. Some drivers discover that making a few changes to their insurance coverage enables them to keep using their current insurance provider.

1. Make your deductible higher

Against canceling your insurance policy you can go for raising your deductible. Your deductible is the sum of money you must hand over before your auto insurance provider starts paying claims-related expenses. You can choose a deduction amount between $100 and $2,000, so you have some flexibility.

Make sure you have the financial flexibility to pay your deductible out of pocket if you decide to increase your deductible. This can be an excellent option for you if you’re convinced that you can pay a larger deductible in full in the event that you must submit a claim. If not, it’s preferable to explore the alternative methods of cost reduction below.

2. Reduce the level of your coverage

Making modifications to your coverage levels is another strategy to reduce the cost of your auto insurance. Say you recently finished paying off your automobile loan. The state-required minimum insurance is now an option instead of comprehensive and collision coverage. Although you won’t be as well covered in an accident, you’ll get lower premiums.

3. Suspend your insurance plan

It can be advisable to suspend your insurance for a while if you’re worried about terminating your policy and experiencing a coverage lapse. To suspend your coverage, your state may ask you to submit an “affidavit of non-use” at the DMV. As an alternative to suspension, you can also find out from your insurer whether they offer options for stored or seasonal coverage.

How To Cancel Progressive Insurance Plan In The USA

FAQ

Q: If I cancel my insurance plan with Progressive Insurance, is there a fee?

A: Yes, you can be charged a fee if you decide to cancel your insurance in the course of the policy period. Ideally, not more than 10%.

A: How quickly can I cancel my insurance plan with Progressive?

A: You can terminate your Progressive insurance policy the same day if you already have replacement insurance.

Q: Will I receive a refund for the remaining period of my Progressive insurance policy if I cancel my coverage today?

If you terminate your insurance before the end of the term, you will receive a refund. But Progressive will deduct any applicable cancellation fees from your refund.

Q: Is it possible to cancel Progressive Insurance online?

A: Unfortunately, the cancellation policy does not currently permit you to cancel Progressive Insurance online. Instead of cancelling online, call the company to do so.

Q: Can I have my Progressive policy cancelled by someone else?

Progressive will demand that the owner of the insurance policy cancel the coverage. Whoever calls will be asked to provide answers to a few questions to confirm that they are the actual owner who has called to initiate cancellation.

Conclusion

The process of canceling your progressive insurance plan is quite straightforward. You can’t cancel your auto coverage with Progressive online, so you’ll need to call them and talk to a customer service representative. If you don’t love having phone conversations about canceling services, this may not be the best option, but the procedure is usually simple and quick. You can also send an email or a mail.

You can cancel your Progressive coverage at any time, despite the fact that many consumers decide to move to a new insurer when their policy is up for renewal. Remember that cancellation costs may apply based on the state you reside in and the particulars of your policy. However, you will not incur any cancellation fees and obtain a refund for any time that your coverage wasn’t used.


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IBEH C. JOE

Financial analyst, Entrepreneur, Blogger and Business model

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