![]() When you switch providers it’s a great time to reassess what coverage you need. In addition, with have insurance lapses on your record, you will be classified as a high-risk driver and face higher insurance rates. You will be liable for personal injury and property damages incurred by an at-fault accident. If you are involved in an accident while uninsured, you are subject to arrest. Make sure you understand the legal requirements for your state before contacting your insurance agent to cancel your policy.Ĭonsequences for driving without insurance can vary by state, but a lapse in coverage even just for one day could result in fines and suspension of driver’s license or registration. Most states require you have auto insurance for your vehicle to be registered or plated. To get a better sense of whether another insurer might be a better bet, try comparing State Farm auto insurance reviews with other companies’ reviews. Expect State Farm to try and keep your business by offering discounts or other incentives. While you don’t need to tell the insurance company why you are cancelling if your policy term is expiring, it’s always a good idea, especially if the reason is cost or dissatisfaction.Īuto insurance is very competitive and companies want to retain as many customers as possible. Also, ensure you cancel any automatic payments set up with your financial institution Weigh options In addition to informing State Farm, you should also contact your lienholder and state’s department of motor vehicles. Other considerations when cancelling auto insurance Who else to contact Do not make any assumptions about cancellation and refunds, confirm with your State Farm agent. Typically, the entire unused premium will be refunded, though some insurance companies will charge a fee if you cancel in the middle of the policy term. Note: While State Farm does not post their cancellation policy publicly, most insurance companies generally allow you to cancel your policy at any time, as long as you give appropriate notice (often 30 days). Forfeited your license plate to state department of motor vehicles.If required by state law, your State Farm agent may request proof you: Contact your individual State Farm agent or State Farm customer service (85.) for questions about the cancellation policy. State Farm does not list their cancellation policy on their website and does not provide any information regarding cancellation fees. ![]() ![]() Does State Farm charge a cancellation fee? If you don’t have your agent’s contact information or need a new agent, you can search on State Farm’s website, through the State Farm Mobile App or by calling State Farm Customer Service at 85. Your agent will explain the requirements and process the cancellation and may require written confirmation of the cancellation. As is the requirement when purchasing a policy, you cannot cancel your policy through any other method. This requirement applies to all State Farm insurance policies, not just auto insurance. State Farm requires customers to cancel their insurance policy through their individual State Farm insurance agent. How to cancel State Farm auto insurance Cancellation instructions Dissatisfied with your current insurance provider.People cancel insurance policies for many different reasons: Ensure you are clear about the reason you are cancelling your policy before contacting State Farm. The company will probably ask why you are cancelling. It’s a good idea to have this available when you call to cancel. State Farm may ask for proof you sold your car or obtained an insurance policy at another company when you cancel. You could also encounter difficulties obtaining insurance in the future. If you have a gap in auto insurance coverage for even just one day, you could face expensive fines, lose your driver’s license and impact your driving privileges. If you are switching car insurance providers, make sure you have another policy in place before you cancel.Īuto insurance is mandatory in almost all states. Most insurance companies will let you cancel at any time however, you may be subject to a cancellation fee. The best and easiest time to switch is before your renewal date or before your next monthly payment is due. First, before you cancel When to cancelĬonsider timing when cancelling your policy. Whatever the reason for cancelling, here are the general steps you’ll need to follow. Switching insurance companies is a great way to get your premiums down - so long as you cancel your old coverage the right way.Ī gap in coverage for even a day could prove costly, so follow these simple steps and you’ll be set.Įach company, State Farm included, has its own process to follow.
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