No, Geico doesn't charge a cancellation fee to customers who cancel their auto insurance coverage midway through the policy. Drivers can cancel a Geico policy by calling (800) 841-1587 and will receive a full refund for unused premiums. To cancel a Geico insurance policy, the policyholder must call Geico to speak directly with a customer service agent. But if you've already started the process, you can head to our free car insurance comparison tool to quickly find the best policy for you.
There are generally two types of fees that auto insurance companies charge for cancellation, fixed rates and short-term rates. When the interactive voice response system prompts you, say “cancel the insurance policy” and then “automatic” if you are going to cancel your car insurance policy. If you're ready to make an auto insurance change, the good news is that canceling your GEICO insurance policy is easy and free. Your insurance company may require a bill of sale before allowing you to cancel to show that you won't drive without insurance.
Some auto insurance companies also charge a fee for canceling your policy before the policy term ends. Car insurance data includes coverage analysis and details about drivers' vehicles, driving records, and demographic information. Follow these steps and you can find the best replacement for your current policy, set up your new policy the right way, and cancel your GEICO policy for continued car insurance coverage. Auto insurance policies are automatically renewed at the end of the term, as long as neither the insurance provider nor the policyholder cancels the policy.
With this information, Insurify can provide drivers with information on how companies set the price of their auto insurance premiums. 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. In addition, if you cancel your Geico policy because you disposed of your car, you may have to submit proof, such as a sales invoice, so that Geico knows that you won't.