Are there any additional fees associated with canceling a policy with geico car insurance in lansing?

Geico car insurance cancellation FAQs Geico doesn't charge a cancellation fee per se. Certain states allow insurers like Geico to charge you a reduced rate if you cancel in the middle of the term of your policy. This page is available in other languages. You want to cancel your insurance policy because you think it's a waste to pay for the two months you won't be in your car.