How to Cancel Progressive Auto Insurance [2024]

• Progressive offers a few ways for you to contact them and cancel
• You may have to pay 10% of your premiums to cancel
• Once canceled, you can find savings at a competing insurer

If you need to cancel Progressive auto insurance, you’ll be happy to know there are multiple ways to do so. There are many reasons why a driver may want to go through with a cancellation. However, keep in mind that you will immediately need new coverage. Once you’ve canceled your current policy, you’ll be free to look for new auto insurance or save on the premiums. If you need a new insurer, take the time to make sure they fit within your budget and are right for you.

How to cancel Progressive insurance?

There could be many reasons you may want to cancel your Progressive auto insurance policy. Whether it is financial or customer service issues bothering you, canceling your policy is easy and will only take a few steps.

Wondering how to cancel a Progressive policy?

The first thing you should do when you want to cancel an auto insurance policy is to contact your insurer. You must let your insurance company know about any issues so it can correct them or begin to cancel your policy.

There are multiple ways on how to cancel auto insurance policy with Progressive. To contact Progressive auto insurance, you can:

• Adjust your policy through the customer portal
• Call the toll-free number to cancel Progressive at 1-800-776-4737
• Send a letter with proof of policy and your desire to cancel to Progressive’s headquarters in Ohio
• Cancel Progressive insurance through email on their website

You can use the same cancellation methods if you’re trying to cancel Progressive home insurance. While it may only take a few steps to cancel, you may have to pay some fees.

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Does it cost anything to cancel Progressive insurance?

Whether or not you have to pay when you cancel auto insurance will depend on your contract. When you ask to cancel your auto insurance policy, Progressive may ask you to pay to end the service. The fee will only be a fraction of your current monthly premium.

What is the Progressive cancellation policy fee?

If cancellation fees are allowed in your state, Progressive will charge a cancellation fee of 10% of your premium. If not 10%, then you’ll have to pay a pre-determined flat fee to get out of your contract.

The average monthly price for Progressive insurance is quoted at around $71 to $185. Paying 10% of this in a cancellation fee means you pay between $7 to $18 to end your policy, if not a flat fee.

When is it best to cancel a Progressive insurance policy?

Once you contact your insurance company, you’ll be able to cancel as soon as you pay any fees. Some insurance companies will try to alleviate any problems, but they will still let you cancel if you make it clear that is your intention.

Some of the most popular reasons you might want to cancel your auto insurance include:

• To get a new policy: If you’ve found a better deal at another insurer, first enroll in that policy and then cancel your old one with Progressive to avoid any gaps in coverage.
• You move: If you’ve had a significant life change such as moving to another state or at least 50 miles from your old address, changing your auto insurance might be a great way to save money.
• You lose your car: If you don’t have your vehicle anymore and have no plans to replace it, you don’t need auto insurance.
• Want to remove coverage: If you have an older vehicle with too much coverage, it may be wise to cut collision and comprehensive auto insurance.

Read more: How to Change Auto Insurance Providers

If you think canceling your auto insurance will offer more value than the coverage itself, you should consider it. Not only will you begin saving on what you were paying into premiums, but you’ll also be free to consider new auto insurance policies.

How do I find a new auto insurer after Progressive?

If you’ve canceled your auto insurance policy, you’re free to find a new insurance company. You’ll want to do so immediately because a lapse in coverage could be damaging to your record and your wallet. If any accidents occur between policies, you would be on the hook for any repair costs or medical bills that crop up. Do some research and carefully compare insurers to avoid canceling another policy as you did with Progressive.

When you start looking for a new auto insurance policy after Progressive, you should consider an insurer’s willingness to meet your financial needs and its ability to handle your needs respectfully.

Some of the ways that you can verify an insurer’s customer service and financial acumen include:

• Customer service rating: Using services like the Better Business Bureau and J.D. Power, you can better understand how insurers treat their customers.
• Financial rating services: Companies like AM Best and Standard & Poor’s look at public records and company statements to estimate financial standing and creditworthiness.
• Ask around: Ask friends or family if they have had any positive experiences with an auto insurer.

Canceling your auto insurance because it doesn’t meet your needs can be stressful, but it opens you to new insurance options. You can get a new policy possibly with better coverage and at more affordable rates.

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What are some options I can take to lower my costs at Progressive?

When an insurance company determines someone’s rates, it examines the risk that person poses to filing a claim. This process is called underwriting. If you’re a higher risk driver with multiple claims or DUIs on your driving record, an insurance company can deny coverage. If they decide to cover you, expect to pay a higher rate.

According to the Insurance Information Institute, some of your options to lower this risk, and your rates, include:

• Raising your deductible
• Reducing coverage amounts or types
• Bundling auto and home insurance together
• Keeping a good credit and driving history

If you can manage to do at least a few of these things and lower your risk, you will pay less each month.

How do auto insurance companies determine rates?

Your auto insurance company is first and foremost a business focused on making a profit. When you sign up for a policy, the insurance company will underwrite you to determine the level of risk you pose to them having to pay out money in claims.

The higher risk you pose to the insurer, the more the insurance company will charge you. While rates will vary between insurers, a high-risk designation at one insurer will likely also be the same at many others.

Depending on the offense and locality, your insurer may consider serious events such as DUIs that occurred within the past three to five years.

Case Studies: Reasons for Canceling Progressive Auto Insurance

Case Study 1: Financial Issues

John had been facing financial difficulties and needed to cut down on his expenses. He realized that his Progressive auto insurance premiums were taking a significant portion of his budget. He decided to cancel his Progressive insurance policy to save money and explore other options.

Case Study 2: Better Deal at Another Insurer

Mary received a quote from another insurance company that offered the same coverage at a lower premium. She wanted to take advantage of the better deal and switch to the new insurer. To ensure a seamless transition, she canceled her Progressive auto insurance policy before enrolling in the new policy.

Case Study 3: Relocation

After relocating to a different state, Sarah discovered that her Progressive policy was no longer suitable for her new location. She wanted to find an insurance provider that offered coverage tailored to her new circumstances. Sarah decided to cancel her Progressive auto insurance and search for a new insurer that could meet her needs.

Case Study 4: Vehicle Disposal

Tom had sold his car and did not plan to replace it anytime soon. As he no longer owned a vehicle, he realized there was no need to maintain auto insurance coverage. Tom canceled his Progressive policy to avoid paying premiums for a vehicle he no longer possessed.

Case Study 5: Coverage Adjustment

Emily owned an older vehicle that was fully paid off. She reviewed her Progressive policy and determined that she had more coverage than necessary. To reduce her insurance costs, Emily chose to cancel collision and comprehensive coverage on her policy, as her vehicle’s value did not warrant the additional expense.

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Canceling Progressive Auto Insurance: The Bottom Line

If you need to cancel Progressive auto insurance, there are several ways to contact Progressive and cancel your auto insurance policy immediately. Once you’ve cancelled your current coverage with Progressive, you can find other insurance quotes that will better suit you. 

Don’t be afraid to compare auto insurance rates across the board. There is a wide range of policies available, but you don’t want to wait too long. A lapse in coverage can be dangerous, so make sure to have a new policy set up right away.

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