Usually, you can cancel your policy by phone, but please ask
for confirmation and written notice to prevent any extra fees or issues in the
future. Call us, ask about our cancellation requirements, and let us know you
want to cancel your motor policy.
Some companies offer a prorated refund on paid up premiums
and a few will charge a fee for cancellations. If you have a car loan, you may
need to tell your bank or the owner of your loan that you are switching
policies. Cancel automatic payments so your insurer stops automatically
withdrawing your premium while your cancellation is processed. You can also
cancel payments from your account just to be safe.
Have your new insurance ready if you intend to continue
driving your car in order to avoid a lapse in coverage.
