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How to Cancel Geico Car Insurance
At a Glance
- To cancel your Geico car insurance, call (800) 841-1587 and ask to speak to a licensed agent, providing your Geico policy number when prompted.
- There is no cancellation fee, and consider suspending your policy if you won’t be using your car temporarily.
- Shop for alternative insurance options before canceling, ensuring you have coverage in place, and valid reasons to cancel include moving to another state, changing marital status, needing a different policy, or finding a more affordable option.
- Refunds are given for unused payments, and only the policyholder or someone with legal Power of Attorney can cancel the policy, typically without requiring additional information for cancellation.
Are you thinking of canceling your Geico car insurance policy? You have to consider many things first before trying to cancel your policy from Geico. That’s because a lack of preparation–or even improper preparation–can accidentally lead to a gap in your insurance, which is something you don’t want to happen.
In this article, you’ll learn how to cancel Geico car insurance quickly and easily.
Cancel Geico Car Insurance by Phone
You can cancel your Geico car insurance by phone. It may seem intimidating, but it’s actually very easy:
- Dial (800) 841-1587 on your phone.
- Ask to talk to a licensed Geico agent.
- You may be prompted to speak by an Interactive Voice Response system (IVR).
- Say clearly, “Cancel insurance policy” and then “Auto” or “Car.”
- Make sure to have your Geico policy number nearby as you may be asked to provide that.
How to Cancel Geico Car Insurance Online
Unfortunately, there’s currently no way to cancel your Geico car insurance policy online.
If you want to cancel your policy, the only way to do it right now is to contact the number listed above. That said, you don’t have to feel nervous since it’s a straightforward process.
Does Geico Have a Cancellation Fee?
Geico doesn’t charge a cancellation fee. You just have to talk to their licensed agent as outlined above, and your policy will be canceled in no time at all.
Considerations Before You Cancel Your Geico Policy
Before you cancel your Geico policy, there are a couple of considerations you should think about. Below, we look at a couple of them in detail.
Should You Only Suspend Your Policy?
If you’re thinking of canceling your policy because you think you won’t be using your car for the next month or so, maybe you should just suspend it.
For instance, let’s say you have an upcoming 2-month trip overseas. You want to cancel your insurance policy because you think it’s a waste to pay for the two months that you won’t be in your car.
Instead of outright canceling, you can talk to Geico and tell them your situation. They may offer to suspend it temporarily while you’re not using your vehicle and resume once you’re already back on the road.
Find Another Car Insurance
Before canceling your policy, it’s essential to have already done some car insurance shopping. You don’t need to have another active policy right now, but at least have something to cover you after you cancel.
After all, getting a new car insurance policy is not always instant. Although you can already get a quote and coverage within 24 hours, you still don’t know if any emergencies may arise to keep you from doing that. And again, you don’t want to be caught on the road uninsured.
Reasons to Cancel Auto Insurance
There are many reasons why you may want to cancel your auto insurance policy. Below, we look at some of the most common.
You’re Moving to Another State
Luckily, Geico is available in all 50 states. You can simply contact them to let them know you’re moving, and they can provide a new quote that’s suitable for your new location.
You Changed Your Marital Status
You don’t have to cancel your auto insurance policy just because you need to add or remove a spouse. In fact, changing this part of your policy is as simple as adding or removing a name. If your new spouse has a car as well, you can even get a Multi-Vehicle Discount.
You Need a Different Kind of Policy
Similarly, you don’t have to cancel your car insurance just for this. Geico also offers policies for homeowners, renters, and other types of insurance. You can also get a discount if you get all of your policies from Geico.
It’s Too Expensive for You
Sometimes, you may find another car insurance policy that seems to be less expensive than Geico. Make sure to check all hidden fees and compare all the nitty-gritty details before deciding. Geico offers plenty of discounts and special offers all year round, so it may even turn out to be less expensive than the other company.
How to Cancel Geico Car Insurance FAQ
Here are some of the most frequently asked questions about canceling your Geico car insurance.
Can I cancel my GEICO car insurance policy at any time?
Yes, you can cancel your GEICO car insurance policy at any time. There is no restriction on when you can initiate the cancellation process.
How do I cancel my GEICO car insurance?
To cancel your GEICO car insurance:
- Call GEICO directly at their customer service number.
- Provide your policy number and personal identification details.
- Inform the representative that you wish to cancel your policy.
- Follow their instructions, which may include signing a cancellation document.
Can I cancel GEICO insurance online?
As of the latest information, GEICO does not allow for full policy cancellations online. You must contact them directly by phone to cancel your car insurance policy.
Will I receive a refund after canceling my GEICO policy?
If you have paid your premium in advance, you may be eligible for a prorated refund. The specific amount will depend on your policy terms and the effective date of cancellation.
Is there a cancellation fee for GEICO car insurance?
Typically, GEICO does not charge a cancellation fee, but it’s always a good idea to confirm any potential fees when you speak with a representative.
How quickly does the cancellation take effect?
You can usually choose an immediate or future date for the cancellation to take effect. Confirm the exact date when you are speaking with the GEICO representative.
Can I cancel my policy if I have an open claim?
Yes, you can cancel your insurance policy even if you have an open claim. However, the claim will be handled according to the terms of your policy up to the cancellation date.
What should I consider before canceling my GEICO car insurance?
Before canceling, consider:
- Having another insurance policy in place to avoid a lapse in coverage.
- The impact on your future insurance rates.
- Any potential refunds or outstanding payments.
How do I ensure continuous coverage when switching to another insurer?
To ensure continuous coverage, start your new insurance policy before canceling your GEICO policy. There should be no gap between the end of one policy and the start of another.
What happens to my automatic payments after canceling?
After canceling, GEICO should stop any automatic payments scheduled for future dates. Ensure that this is confirmed during the cancellation process.
Canceling Geico Car Insurance: Final Thoughts
Canceling your Geico car insurance policy is a completely free and painless process. If you’re thinking of canceling, be sure to shop around first for other policies to ensure that there won’t be a gap! Need a car as soon as possible? Maybe you’re thinking of getting an auto loan as an H-1B visa holder? What about taking out an auto loan without SSN? Read these articles to figure out the process!