I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.
See all posts Frank GogolHow to Cancel Progressive Insurance
Updated on April 9, 2024
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Written by
Reviewed by
Rohit Mittal
Reviewed by
Rohit Mittal
Rohit Mittal is the co-founder and CEO of Stilt. Rohit has extensive experience in credit risk analytics and data science. He spent years building credit risk and fraud models for top U.S. banks. In his current role, he defines the overall business strategy, leads debt and capital fundraising efforts, leads product development, and leads other customer-related aspects for the company. Stilt is backed by Y Combinator and has raised a total of $275M in debt and equity funding to date.
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- To cancel Progressive auto insurance, call customer service at 1-866-416-2003.
- Provide the date of cancellation and the name of your new insurance carrier if applicable.
- Progressive may charge a cancellation fee based on factors such as payment frequency and policy term.
- Review your policy or speak to a representative to understand specific fees, and compare quotes from other insurers before canceling.
When you want to cancel GEICO insurance or any similar service like Progressive Insurance, you must make sure you follow the right steps. Many people work with Progressive Insurance so they can get insurance for their home or car, but after a while, they may decide to cancel their policy or switch providers.
How to cancel Progressive Insurance, though? Read this article to find out the process.
How to Cancel Progressive Auto Insurance
Have you decided to cancel your Progressive auto insurance? If that’s the case, then you should make sure you follow the process accordingly.
You can start the cancellation process offline – at the moment, Progressive Insurance does not allow online cancellation. You will be required to call the service and talk to the customer service to be able to cancel.
Here are the steps:
- Call 1-866-416-2003 to reach out to customer service.
- Offer them the date of your cancellation.
- You can offer them the name of your new insurance carrier if you picked one.
- Try to find out if you qualify for a refund of the premiums you paid in advance.
Progressive Insurance Cancellation Fees
Canceling Progressive Insurance may lead to you having to pay certain fees – but in certain situations, you may not have to pay any fees at all. The website of the service states that there is no cancellation fee, but you may also not receive a full refund back.
Usually, some factors affect the amount you have to pay to cancel your Progressive insurance coverage. These aspects include how often you pay the premium, how far you are into the policy term, and the laws in your state. So, before you proceed with the cancellation, you must reach out to the customer service and ask about what fees you will have to pay, or you can simply check your Progressive policy to find out.
Some people declared they had to pay a flat rate between $50 and $65. Other people were charged 10% for their premium. At the same time, some people didn’t have to pay any fees.
Your experience will not be identical to another person’s – this is why you have to check the policy or talk to a representative to find out your cancellation fees.
How to Decide When to Cancel Your Progressive Insurance Policy
If you are thinking about canceling your Progressive insurance policy but don’t know when you should do it, don’t rush. You should start looking around for car insurance companies and also compare quotes until you find something that is more convenient and you are certain you want to work with that company. It is best to ensure that there aren’t any fees related to changing policies mid-term, so you do not lose more than you gain in low premiums.
Ideally, you should switch insurers only at the end of the current policy period and make sure that before you cancel Progressive Insurance, you already have a new policy. The last thing you want to do is drive without car insurance.
Reasons to Cancel Your Progressive Insurance Policy
Why would anyone decide to cancel Progressive Insurance? After all, everyone needs car insurance, don’t they? You may decide to cancel your policy for different reasons.
For instance, you may have sold your car or it was stolen or totaled in an accident – therefore, you have to cancel your policy. Another reason to cancel would be if you change carriers after finding better rates with a different insurance company. You might also decide to bundle your auto insurance with your home provider.
It is important to bear in mind that you are not forced to keep your insurance until the end of the policy. You can cancel and get one from a different provider.
At the same time, you must keep in mind that if you did not choose another policy before canceling, you should not get rid of your car insurance yet if you still want to drive your vehicle. This applies even if you cannot afford your car insurance.
If you are in a situation where you are unable to pay for your insurance anymore, you should at least consider going for the minimum amount required legally. A lapse in coverage is usually reported by insurers to the DMV. As a result, you may end up getting your driver’s license suspended or it could affect the registration of your car.
Progressive Insurance Cancellation FAQ
Are there still some things you want to know about your Progressive Insurance cancellation? Here are some of the most frequently asked questions.
Can Progressive Insurance Be Canceled Online?
Unfortunately, you cannot cancel Progressive Insurance online at the moment as the service does not allow it. If you wish to cancel, you should do it over the phone instead.
Does Progressive Charge a Cancellation Fee?
In some states, Progressive will charge a flat fee, or it may charge 10% of your premium. Meanwhile, in other states, customers do not have to deal with any fee when canceling their insurance, even if they do it mid-policy. If there are any unused premiums, customers will get a refund for them, or at least the amount left after taking the cancellation fee.
What Is Progressive’s Refund Policy?
The refund policy of the service states that all customers will receive a refund for any premiums that went unused, except for the cancellation fees that may apply depending on the case. If the insurance coverage is canceled by the customer before the end of the policy term, they can get a refund.
Also, if someone did not set up automatic monthly payments, then they will receive their refund in 2-3 business days after the cancellation. Individuals who paid for their policy online, with a check, or by phone will get a refund after 12 business days.
Does Progressive Insurance Raise Rates After 6 Months?
In some cases, Progressive will raise its rates after 6 months. If you are a new customer with Progressive, you will notice that the premium of your car insurance will rise after the first 6-month policy period, especially if you file traffic violations or a claim to be added to the record in the meantime.
Most of the time, the rate for auto insurances increases as a result of an insurance risk increase for the holder of the policy. Another reason is the fact that the market-wide insurance costs increase over time.
Frequently Asked Questions (FAQ)
Can I cancel my Progressive insurance policy at any time?
Yes, you can cancel your Progressive insurance policy at any time. You are not obligated to keep your insurance policy for any set period and can choose to cancel whenever you need.
How do I cancel my Progressive insurance policy?
To cancel your Progressive insurance policy:
- Contact Progressive directly by phone. The customer service number is typically available on their website.
- Speak with a representative about your wish to cancel.
- Provide necessary information like your policy number and personal details.
- Follow the representative’s instructions to complete the cancellation.
Can I cancel Progressive insurance online?
As of the latest information, Progressive does not offer an option to cancel insurance policies online. You must contact them by phone or in some cases, by mail.
Will there be a fee for canceling Progressive insurance?
Progressive generally does not charge a cancellation fee, but it’s always best to confirm with a representative as policies can vary by state.
What information do I need to provide to cancel my policy?
You typically need to provide your policy number, personal identification details, and possibly the reason for cancellation.
Can I get a refund after canceling my Progressive insurance policy?
If you’ve paid your insurance premium in advance, you may be eligible for a prorated refund for the coverage period not used. This depends on the terms of your policy.
How long does it take for the cancellation to become effective?
You can usually choose an effective date for cancellation, which can be immediate or a date in the future. The policy will remain active until that date.
Will canceling my Progressive insurance affect my insurance history?
Canceling your insurance policy will not negatively affect your insurance history, but it’s important to have a new policy in place to avoid a lapse in coverage, which can impact future insurance rates.
What should I consider before canceling my Progressive insurance?
Before canceling, consider:
- Arranging new insurance coverage to avoid a coverage gap.
- The impact on your future insurance rates.
- Any potential refunds or outstanding payments.
Can I transfer my Progressive policy to a new vehicle or home instead of canceling?
Yes, you can transfer your Progressive policy to a new vehicle or home. Contact Progressive to update your policy information.
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Final Thoughts
If you want to cancel Progressive Insurance, you will have to call customer service, as they do not allow their customers to cancel online. Ideally, you should already decide on a new policy before you cancel if you still want to drive your car. Make sure to follow the tips in this article and you will have no problems during the cancelation process. Be prepared for any potential fees just in case.
Frank Gogol
I’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more.