How to Cancel Progressive Insurance Policies in 2024: A Step-by-Step Guide (2024)

If you’ve decided to cancel your Progressive Insurance policy, we’re here to guide you through the process. We’ll provide a step-by-step guide on how to cancel your Progressive Insurance, including specific instructions for cancelling the policy, cancellation fees, and FAQs.

Progressive Cancel Policy in 3 Steps

Step 1: Gather Your Information

Before initiating the cancellation process, gather all the necessary information related to your Progressive Insurance policy.

This includes your policy number, the desired date of cancellation, and the reason for cancelling.

Step 2: Contact Progressive

To cancel your Progressive insurance policy, you have a few options for contacting the company:

• Call Progressive customer service at their cancel policy phone number: 1-866-416-2003
• Email Progressive customer service
• Mail a signed cancellation letter at least 1 week prior to your cancellation date
• Visit a local Progressive agent near you

Step 3: Confirm the Cancellation and Any Dues

Once you’ve officially notified Progressive that you want to cancel your policy, they will send a confirmation of the cancellation. Recheck the date of cancellation mentioned in the confirmation and verify if the company owes you any refunds.

You may be eligible for refunds based on unused premiums or be charged a cancellation fee for terminating your policy before the end of term.

How Long Does It Take Progressive to Cancel Insurance?

Before cancelling your policy, Progressive will review it and complete any legal procedures if needed. They will cancel your policy on the requested date as soon as possible unless there are any issues. Once it’s finalized, Progressive will notify you by mail or email and send the confirmation.

Progressive Cancellation Fee

Progressive cancellation fees and refund policies can vary depending on several factors, including the type of policy and the state in which you reside. If you decide to cancel your Progressive Insurance policy within the first term before it renews, a cancellation fee of $50 will be charged.

Based on Progressive’s cancellation fee discussion on Reddit, customers have reported that they were charged 10% of their outstanding premium. Others have reported not paying any fees and many reported paying a fee of $50 to $65.

Regarding refunds, the amount is typically calculated based on the number of days remaining in the policy term and the premium you have already paid. Progressive’s refund policies may also take into account any applicable cancellation fees or administrative charges.

It is important to review the terms and conditions outlined in your policy documents or contact Progressive directly for the most up-to-date information.

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Progressive Cancel Policy for Auto Insurance, Renters Insurance, and Other Policies

If you’re cancelling your Progressive car insurance policy or other policies, you need to consider some additional steps:

• Remove any automatic or recurring payments you have set up with Progressive
• Contact Progressive to get all the necessary details and clarifications
• Secure alternative insurance coverage to ensure continuous protection
• Notify your DMV about the cancellation by submitting any necessary forms, in case of auto insurance

Reasons to Cancel your Progressive Policy

Individuals may consider canceling their insurance policy with Progressive or any other insurance company for various reasons, including:

• Better Rates: Finding a different insurance company that provides better or equivalent coverage at a more appealing price.
• Changing Needs: Your need for insurance may need to be reevaluated because of life events like marriage, divorce, having a kid, or changes in income.
• Unsatisfactory Service: Policyholders may look for a more dependable provider if they consistently experience poor customer service, difficulties with claims processing, or communication problems with Progressive.
• Policy Redundancy: Having multiple insurance policies that overlap in coverage may lead individuals to consolidate or cancel certain policies to streamline and optimize their coverage.
• Life Events: Important life events like moving, retiring, or buying a new house might make people reevaluate their insurance needs and decide whether to change or cancel their current policy.

Conclusion

Cancelling your Progressive insurance policy can be a straightforward process when you have the right information. Remember to gather all the relevant details, contact Progressive using the channels provided, and be aware of any cancellation fees or refund policies. If you have any questions or need further assistance, reach out to Progressive customer service for guidance.

Related Reads: How to Cancel GEICO Insurance

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Frequently Asked Questions

• Can I cancel my Progressive insurance online?

  Unfortunately, you cannot cancel your progressive insurance policy online. However, you can contact the company through phone, mail or email. The progressive cancel policy phone number is: 1-866-416-2003.

• Can I cancel my Progressive auto insurance policy at any time?

  You have the freedom to cancel your Progressive auto insurance policy at any time. There are no restrictions imposed by the company if you choose to do so.

• How fast can I cancel my Progressive auto insurance?

  You can cancel your Progressive auto insurance on the same day (within 24 hours) if you’d like. Please make sure you have replacement coverage ready.

• Does Progressive Insurance charge a cancellation fee?

  Yes, a $50 cancellation fee is applicable if you cancel your Progressive policy before the first term ends. This fee is a common practice in the insurance industry, as many insurance companies apply cancellation fees for policies terminated within the first term. Please read more about fees and refunds in the sections above.

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