GEICO like most car insurance companies in the United States does not charge a cancellation fee.
Is there a cancellation fee for geico insurance. To cancel just call the customer service phone number to speak with a friendly licensed agent. Geico does not charge a cancellation fee per se. But you are likely to incur costs which increase if you cancel your cover outside of the initial 14-day cooling-off period when you first buy.
If you prepaid your premium Geico will prorate the. So you may be eligible for a refund. Some car insurance companies will but as of now Geico does not.
Geicos respectable cancellation policy allows you to easily cancel coverage without unnecessary costs. Will Geico Charge a Cancellation Fee. Just bear in mind that you wont automatically get your money back and your insurance provider may charge you a cancellation fee.
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. Geicos respectable cancellation policy enables one to easily cancel a policy without unnecessary costs. This is similar to a cancellation fee although its technically.
A short rate is a percentage thats added to your premium and then pro-rated for the days you were covered. If you want to cancel your policy there is no cancellation fee. However GEICO and other insurers may use a short rate cancellation policy which allows the insurer to keep a chunk of your premium.
Geico does not charge a cancellation fee for early termination so you can cancel your policy at any time cancel effective immediately or at a future date. Call 800 841-1587 to speak with a friendly licensed agent. You will not pay any type of fee to cancel your policy.