How to cancel your car insurance policy.

Is there a penalty for cancelling car insurance geico. Will I receive a refund or owe money if I cancel. If there is a cancellation fee it can vary from 25 to 50 up to a percentage of the remaining premiums left. Geico does not charge a cancellation fee per se.

However some may charge a flat fee usually less than 100 or a short rate fee for cancelling auto insurance early. Just open and print the Cancel Previous Insurance Letter fill in your information and then mail it to your previous insurer. Generally speaking if you cancel within the first 14 days most insurance companies wont charge a fee for cancelling but be aware that some will.

However if your policy has been active for longer than that youre likely to have to pay a cancellation fee and the cost for the time youve been insured pro-rata. Were certainly sad to see you go but were here to make that process easy for you. If you prepaid your premium Geico will prorate the premium and refund the.

In the end honesty is always the best policy with car insurance. However GEICO and other insurers may use a short rate cancellation policy which allows the insurer to. A typical car insurance policy will last 12 months but you can cancel it at any time.

And when it comes to renewing and finding a car insurance policy we can search a wide range of insurance providers both large and specialist so you have a good chance of securing competitive car insurance that takes account of your past. The exact amount should make a difference in the decision you make. It could be 20 500 or any other estimate.

Cancelling your GEICO auto insurance involves a few easy steps and only takes a few minutes. Geico however does not. And if you took out your car insurance policy via a broker be aware that the broker could charge you a cancellation fee as well as the insurance provider.