There are multiple commercials around talking about how much you can
save by switching auto insurance. Let's say that you've made that call
and found a cheaper auto insurance out there. Now you're wondering how
to drop auto insurance without a problem.
Dropping auto insurance is actually a fairly simple process. Auto
insurance may not be canceled over night but it is a fairly smooth
process that is easy to handle if the auto insurance holder knows the
proper steps to follow.
The first step to dropping ones auto insurance is to make sure that
the insurance company that is the current insurance provider is
contacted. This is just making a phone call to either the local branch
of insurance or to the nationwide number that is provided. Make sure
when making this phone call that the customer service rep adds a note
to the insurance file of the date that the phone call is taking place.
After the phone call it is a good idea to type up a letter to the
insurance company. The letter does not have to be lengthy or wordy but
simple put that the insurance holder would like to cancel the auto
insurance effective by a certain date. When the letter is finished send
it to the insurance company via certified mail. By sending the letter
certified mail this gives the insurance holder the proof that the
letter was actually received by the insurance company. This can come in
very handy if there is a depute about when the insurance was canceled.
Sometimes with auto insurance companies the insurance policy is
paid for ahead of time. If one were to cancel after the policy was paid
for the auto insurance company might owe the policy holder some money.
By many state laws the insurance company has to refund the money back
to the holder for any days that were paid for but not covered. It is
best to know ones state laws about this or ask the insurance company
about this policy.
Dropping auto insurance is something that can be handled without
many problems. It is best to check with the auto insurance to make sure
that the holder is following all the proper steps to canceling the
insurance policy. These few steps will give an auto insurance holder a
good idea of what steps to begin to cancel the policy.