Cancel Geico Car Insurance: A Comprehensive Guide

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Geico is one of the most popular car insurance providers in the United States. However, there may come a time when you need to cancel your Geico car insurance policy. This could be due to a variety of reasons, such as finding a better deal elsewhere, selling your car, or simply no longer needing the coverage.

If you’re considering cancelling your Geico car insurance policy, it’s important to understand the process and any potential fees or penalties involved. In this guide, we’ll walk you through everything you need to know about cancelling Geico car insurance.

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Why You Might Want to Cancel Your Geico Car Insurance

There are a variety of reasons why you might be considering cancelling your Geico car insurance policy. Here are some of the most common:

You Found a Better Deal Elsewhere

Maybe you shopped around and found a car insurance policy with better coverage or lower premiums. If this is the case, it makes sense to cancel your Geico policy in favor of the better deal.

You’re Selling Your Car

If you’ve decided to sell your car, you’ll no longer need car insurance coverage. Cancelling your Geico policy can save you money on premiums while your car is no longer in use.

You’re Moving Out of State

Geico car insurance is only available in certain states. If you’re moving out of a state where Geico operates, you’ll need to cancel your policy and find a new car insurance provider in your new state.

You No Longer Need Car Insurance Coverage

If you’re no longer driving, you may no longer need car insurance coverage. This could be the case if you’ve retired, moved to a city with public transportation, or have a medical condition that prevents you from driving.

How to Cancel Your Geico Car Insurance Policy

Cancelling your Geico car insurance policy is a fairly straightforward process. Here are the steps you need to take:

Step 1: Contact Geico

The first step in cancelling your Geico car insurance policy is to contact the company. You can do this by calling their customer service number or logging into your online account and sending a message to their support team.

Step 2: Provide Your Policy Information

When you contact Geico, you’ll need to provide your policy information, including your name, policy number, and the date you want the cancellation to take effect.

Step 3: Confirm Any Fees or Penalties

Depending on your state and your policy, there may be fees or penalties for cancelling your Geico car insurance before the end of your policy term. Make sure to confirm any fees or penalties with Geico before cancelling.

Step 4: Return Your Insurance ID and Plates (If Required)

Some states require you to return your insurance ID and license plates when you cancel your car insurance policy. If this applies to you, Geico will provide instructions on how to return these items.

Geico Car Insurance Cancellation Fees and Penalties

As mentioned, cancelling your Geico car insurance policy before the end of your term may result in fees or penalties. The amount of these fees can vary based on your state and your policy. Here are a few examples:

State
Fee or Penalty
Texas
$50 early termination fee
Florida
No early termination fee
California
No early termination fee if you cancel within the first 60 days of your policy

Make sure to confirm any fees or penalties with Geico when cancelling your policy.

Geico Car Insurance Cancellation FAQ

Can I Cancel My Geico Car Insurance Policy Online?

Yes, you can cancel your Geico car insurance policy online through your account dashboard. You can also call Geico customer service to cancel over the phone.

Will I Get a Refund If I Cancel My Geico Car Insurance Policy?

If you cancel your Geico car insurance policy before the end of your term, you may be eligible for a prorated refund of your premiums. The exact amount of this refund will depend on your policy and your state’s regulations.

How Long Will It Take to Cancel My Geico Car Insurance Policy?

It typically takes 1-2 business days to cancel a Geico car insurance policy. However, there may be additional processing time required for refunds or returning license plates.

What Happens If I Don’t Return My License Plates When I Cancel My Geico Car Insurance Policy?

If you’re required to return your license plates when cancelling your Geico car insurance policy and you fail to do so, you may be subject to fines or penalties from your state’s Department of Motor Vehicles.

Can I Cancel My Geico Car Insurance Policy Mid-Term?

Yes, you can cancel your Geico car insurance policy at any time. However, depending on your state and your policy, there may be fees or penalties for cancelling before the end of your term. Make sure to confirm any fees or penalties with Geico before cancelling.

Conclusion

Cancelling your Geico car insurance policy is a fairly simple process, but it’s important to understand any fees or penalties involved before making the decision to cancel. By following the steps outlined in this guide and confirming any fees or penalties with Geico, you can cancel your policy with ease and without any surprises.

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