Liberty Mutual allows you to cancel your policy at any time, but you may be charged a cancellation fee depending on where you live. When researching insurance companies, reviewing customer ratings will give you a good idea of the range of fees that Liberty Mutual charges its policyholders for early termination. 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. You'll need to provide basic information about yourself, your Liberty Mutual policy number, and the date you want your policy to end.
Comprehensive insurance covers damage to your car caused by events other than collisions with other vehicles or stationary objects. Liberty Mutual doesn't allow the cancellation of policies online, so there won't be an option to cancel your coverage through your online account. Comprehensive insurance is often taken out in conjunction with collision insurance so that the policyholder is protected against both accidents related and non-accident related damages. Liberty Mutual is one of the top auto insurance companies, but you may be able to get better rates with another company.
Comprehensive insurance coverage limits are determined based on the actual cash value of the vehicle, so the more a car is worth, the more the insurer will pay in the event of a claim. If you like Liberty Mutual coverage, but the rates are too high, there are a few ways you can lower your rates and keep your coverage. Liberty Mutual may also charge a reduced fee that normally amounts to 10% of the value of the policy. You can cancel your Liberty Mutual car insurance contract by contacting the company's customer service department.
Take a look at this chart to compare Liberty Mutual's average car insurance rates by type of coverage with those of other major companies. For example, comprehensive insurance helps pay for damage caused by acts of vandalism, natural disasters, fires and thefts, but it doesn't cover vehicle repairs after hitting a car. Another way to cancel your policy is to send a letter to your local insurance agent or directly to the Liberty Mutual corporate office. Check with the insurer to see if you can download an electronic copy for printing, or keep it handy if you need to show proof of insurance.