Cancel Progressive Renters Insurance

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Progressive is a popular insurance company in the United States that provides various types of insurance coverage, including renters insurance. The Progressive renters insurance policy provides coverage for personal property, liability, and additional living expenses in case of unexpected events such as theft or damage to the rental property. However, there may be situations where you want to cancel the Progressive renters insurance policy. In this article, we will discuss the process of canceling Progressive renters insurance and answer some frequently asked questions.

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Reasons to Cancel Progressive Renters Insurance

There could be several reasons why you want to cancel your Progressive renters insurance policy. Some of the common reasons are:

  • You are moving to a new location and don’t need renters insurance anymore.
  • You found a better renters insurance policy with lower premiums and better coverage.
  • You are facing financial difficulties and need to cut down on expenses.
  • You are not satisfied with the customer service or claims handling of Progressive.

If you have any of the above reasons or any other reason to cancel your renters insurance policy, you can follow the process below.

How to Cancel Progressive Renters Insurance

The process of canceling Progressive renters insurance is straightforward. You can either call their customer service number or cancel the policy online through their website. Here are the steps:

Canceling through Phone

If you want to cancel your Progressive renters insurance policy through phone, you can follow these steps:

  1. Gather your policy information such as policy number and effective date.
  2. Call the Progressive customer service number at 1-800-PROGRESSIVE (1-800-776-4737).
  3. Select the option for insurance policy and provide your policy details when prompted.
  4. Request to cancel your renters insurance policy and provide the reason for cancellation.
  5. Confirm the cancellation and ask for a confirmation email.

Canceling Online

If you prefer to cancel your Progressive renters insurance policy online, you can follow these steps:

  1. Login to your Progressive account through their website.
  2. Select the renters insurance policy that you want to cancel.
  3. Click on the cancel policy button and provide the reason for cancellation.
  4. Confirm the cancellation and ask for a confirmation email.

Refund Policy for Canceling Progressive Renters Insurance

If you cancel your Progressive renters insurance policy before the policy expires, you may be eligible for a refund of the unused premium. The refund amount will depend on the terms and conditions of your policy and the time of cancellation. Progressive may deduct a cancellation fee or prorate the premium depending on the cancellation date. You can contact their customer service to know the exact refund amount and process.

FAQs

1. Will canceling my renters insurance policy affect my credit score?

No, canceling your renters insurance policy will not affect your credit score. Renters insurance is not included in your credit report, and canceling it does not involve any credit inquiry or debt collection.

2. Can I cancel my Progressive renters insurance policy anytime?

Yes, you can cancel your Progressive renters insurance policy anytime, but you may have to pay a cancellation fee or lose the unused premium. The exact terms and conditions may vary based on your policy and state regulations.

3. Will I get a refund if I cancel my Progressive renters insurance policy?

Yes, if you cancel your Progressive renters insurance policy before the policy expiration date, you may be eligible for a refund of the unused premium. The refund amount may depend on the terms and conditions of your policy and the time of cancellation.

4. Can I cancel my Progressive renters insurance policy and get a refund if I file a claim?

It depends on the terms and conditions of your Progressive renters insurance policy. If you file a claim before canceling your policy, you may not be eligible for a refund. You can contact the Progressive customer service to know the exact refund policy and process.

5. Can I cancel only the liability portion of my Progressive renters insurance policy?

No, you cannot cancel only the liability portion of your Progressive renters insurance policy. Renters insurance policies are comprehensive, and you cannot separate one coverage from another. If you want to cancel your policy, you will have to cancel all the coverages.

Conclusion

Cancelling Progressive renters insurance is an easy process that can be done through phone or online. You may be eligible for a refund of the unused premium if you cancel before the policy expiration date. However, be aware of any cancellation fee or proration that may apply. If you have any doubts or questions, you can contact the Progressive customer service for assistance.

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