Everything you need to know about Progressive Insurance Cancel

Progressive Insurance is one of the largest insurance companies in the United States. They provide car, motorcycle, boat, and other types of insurance. If you are a policyholder with Progressive and you need to cancel your policy, you may wonder what the process is like. In this article, we will discuss everything you need to know about Progressive Insurance Cancel.

Why do policyholders cancel their Progressive Insurance policy?

There are many reasons why policyholders cancel their Progressive Insurance policy. Some of the most common reasons include:

Whatever the reason may be, if you are a policyholder with Progressive and you need to cancel your policy, it is important to understand the proper procedure to do so.

How to cancel your Progressive Insurance policy?

If you have decided to cancel your Progressive Insurance policy, you have a few options to do so:

Cancel online

If you have access to your online account with Progressive, you can easily cancel your policy online. Here are the steps:

1. Log in to your online account.
2. Go to “Policy Details”.
3. Click “Cancel Policy”.
4. Follow the on-screen instructions.

Cancel by phone

If you prefer to cancel your policy over the phone, you can call Progressive at 1-800-776-4737. Make sure to have your policy number handy when you call.

Cancel by mail

If you prefer to cancel your policy by mail, you can write a letter to Progressive Insurance. Make sure to include your policy number and the effective date of cancellation. The address to send the letter to is:

Progressive Insurance
P.O. Box 6807
Cleveland, OH 44101

What is the refund policy for cancelled Progressive Insurance policies?

If you cancel your Progressive Insurance policy before the end of your term, you may be entitled to a refund of the unearned premium. The unearned premium is the portion of your premium that you paid for coverage that you did not use.

The exact amount of your refund will depend on various factors, such as the type of policy you have, how long you have been with Progressive, and the reason for cancellation. Generally, you can expect to receive a prorated refund for the unused portion of your premium.

FAQ – Frequently Asked Questions

How long does it take to cancel a Progressive Insurance policy?

The time it takes to cancel a Progressive Insurance policy varies depending on the method you choose. If you cancel online, the process is typically completed within a few minutes. If you cancel by phone or mail, it may take a few days to process your request.

What happens to my coverage if I cancel my Progressive Insurance policy?

If you cancel your Progressive Insurance policy, your coverage will end on the effective date of cancellation. This means that you will no longer be protected against any future accidents or damages.

Will I be charged a cancellation fee if I cancel my Progressive Insurance policy?

Progressive Insurance does not charge a cancellation fee for policyholders who decide to cancel their policy. However, you may still have to pay a prorated portion of your premium for the time you were insured.

Can I reinstate my Progressive Insurance policy after I cancel it?

If you cancel your Progressive Insurance policy and then decide to reinstate it, you may be able to do so. However, the process and requirements for reinstatement may vary depending on the reason for cancellation, how long it has been since cancellation, and other factors.

Can I cancel my Progressive Insurance policy in the middle of my term?

Yes, you can cancel your Progressive Insurance policy in the middle of your term. However, keep in mind that you may be charged a prorated portion of your premium for the time you were insured, and your refund may be reduced depending on the reason for cancellation.

Conclusion

While cancelling your Progressive Insurance policy may seem daunting, it is a straightforward process. As long as you follow the proper procedure and understand the refund policy, you should be able to cancel your policy with ease. If you have any questions or concerns about cancelling your policy, make sure to contact Progressive Insurance directly for assistance.