Auto policies can't be canceled online, but you can cancel your policy by phone, mail, or email. Have you decided to cancel your car insurance in Progressive? If that's the case, then you should make sure to follow the process accordingly. Every state requires auto insurance companies to declare how they calculate rates to customers, and insurers cannot deviate from these presented rates. If it's been a few months since you received your quote, the rates in your area may have been revised, which could decrease or increase the price you pay for your car insurance policy.
Progressive charges a cancellation fee of 10% of the premium or a fixed rate in some states, although customers in other states don't have to pay a fee to cancel their auto insurance coverage midway through the policy. The amount you have to pay to cancel Progressive insurance coverage depends on a few factors, such as the state laws where you live, the term of the policy, and how often you pay the premium. However, the vehicle must be regularly parked at your residence overnight for Progressive to insure it in your policy. We charge a higher rate for customers who are more likely to file claims and a cheaper auto insurance rate for customers who are least likely to file claims.
Unfortunately, you can't cancel Progressive Insurance online right now, as the service doesn't allow it. If you lend your car to someone and that person causes an accident, Progressive may cover some of the damages they are responsible for. This information is not an insurance policy, does not refer to any specific insurance policy, and does not modify any provision, limitation or exclusion that is expressly stated in any insurance policy. Most of the time, the auto insurance rate increases as a result of increased insurance risk for the policyholder.
If you're thinking about canceling your Progressive insurance policy but don't know when you should, don't rush. You can pay for your car insurance policy by credit card, PayPal, online check, personal check, money order, or electronic funds transfer (EFT) from your checking account. You should start looking for car insurance companies and also compare quotes until you find something that is more convenient for you and you are sure that you want to work with that company. Generally, some factors affect how much you must pay to cancel your Progressive insurance coverage.
However, another reason why Progressive might increase rates after 6 months is that insurance costs across the market have increased over time.
