To cancel a Geico insurance policy, the policyholder must call Geico to speak directly with a customer service agent. Customers cannot cancel their policies online or through the Geico mobile app.
You may cancel your Geico insurance policy at any time. The cancellation can be made effective immediately or set for a future date.
Geico only charges a cancellation fee for customers in North Carolina, where customers may get a portion of their unused premiums refunded minus a fee.
How To Cancel Your Geico Policy
There are a few easy steps to cancel your Geico insurance policy by phone. First, get your Geico policy number ready. Next, call Geico at 1-800-841-1587. When you are prompted by the interactive voice response system, say “cancel insurance policy” and then “auto”, if you’re canceling your car insurance policy. Finally, you will be connected to a customer service agent, who will walk you through the cancellation process.
Before the cancellation is complete, you must pay off any remaining balance on your account. If you’ve already paid your entire premium for the policy period in full, Geico will refund the unused portion.
Things To Consider Before You Cancel Your Geico Policy
Keep in mind that you do not have to cancel your policy just because you’re going through some life changes. For example, if you’ve moved or replaced your current vehicle, Geico can simply update the mailing address or vehicle information on your policy. Geico also allows military members to suspend their policy temporarily if their vehicle will be left unused and in storage for more than 30 days.
On the other hand, if you wish to cancel because you’re switching to another auto insurance carrier, be sure to obtain a new policy before canceling your current one. This helps to prevent a lapse in coverage, which could potentially lead to higher premiums down the road.
To learn more, check out reviews and other information about Geico on WalletHub.
This answer was first published on 05/12/23 and it was last updated on 01/09/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
How to Cancel Your GEICO Car Insurance Policy
- Call (800) 841-1587 to speak with a friendly, licensed agent.
- If prompted to speak to the Interactive Voice Response (IVR), say "cancel insurance policy" and then "auto."
- You may be asked to say your GEICO policy number, so please have that ready.
Most major companies simply ask that policyholders speak with an insurance agent to cancel. The phone number likely will be found on your insurance card, as well as on the company's website or app.
How many days does GEICO give before cancellation? ›
As long as you pay within 9 days after the due date posted on your bill, you will have coverage in the meantime thanks to Geico's grace period, and you won't even owe a late fee. Geico will send a cancellation notice within 14 days of your bill's original due date.
Why did GEICO suddenly cancel my policy? ›
Cancellation notices are sent when: Your payment due date has passed. And the amount due has not been paid.
Does GEICO charge a cancellation fee? ›
No, Geico does not charge a cancellation fee for customers canceling their car insurance coverage mid-policy. Drivers can cancel a Geico policy by calling (800) 841-1587, and they will receive a full refund for any unused premiums.
How do I politely cancel my insurance? ›
How Do You Write An Insurance Cancellation Letter?
- Keep it simple : A one-page notice of cancellation will do. ...
- Include all required information : Make sure to include all required information by your insurer for cancellation notification.
- Be polite, but firm : Write in a polite, yet firm tone.
Reasons to consider canceling your insurance policy:
You believe you're paying too much for insurance. Your business has changed, and you need different coverage. You're moving out of state, and your current insurer doesn't offer policies in your new location. You're unhappy with the service your insurer provides.
Is cancelling insurance easy? ›
Some insurance companies permit you to cancel right over the phone or online. Other insurers may require written notification or a signed document. Generally, insurers will refund you the money for the unused portion of your policy, assuming you paid in advance.
How much does it cost to cancel car insurance? ›
Car insurance cancellation fees
If you cancel at renewal: You shouldn't have to pay any fees. This is called 'lapsing' the policy. If you cancel within 14 days of starting a policy: You may have to pay an admin fee.
Does Geico reimburse if you cancel? ›
If you have a GEICO auto insurance policy and decide to cancel it before the policy term ends, you may be eligible for a refund. GEICO's cancellation policy for auto insurance allows policyholders to cancel their policies at any time, regardless of the reason.
Will I get refund if I cancel car insurance? ›
If I cancel my auto insurance, will I get a refund? If you paid your premium in advance and cancel your policy before the end of the term, the insurance company might refund the remaining balance. Most auto insurers will prorate your refund based on the number of days your current policy was in effect.
How to cancel GEICO insurance without calling? ›
Unfortunately, you cannot cancel your GEICO car insurance online. Alternatively, you can cancel your insurance by calling their hotline number (800) 841-1587.
How do I send a cancellation request to GEICO? ›
How To Cancel Geico Car Insurance
- Call 1-800-841-1587.
- Select the option or say “cancel insurance policy”
- select or say the option for “auto”.
- Then have your policy number ready.
Many factors can impact the carrier's decision to reinstate your policy after it's been canceled, such as:Your reason for missing paymentHow long you've been insured with that companyHow many past policy lapses you've had (if any)There is usually a grace period during which you can make payment without seeing a lapse ...
Can I cancel my auto policy online? ›
Some insurance companies permit you to cancel right over the phone or online. Other insurers may require written notification or a signed document. Generally, insurers will refund you the money for the unused portion of your policy, assuming you paid in advance.
Can I cancel my insurance policy without penalty? ›
You won't always get a cancellation refund.
If you've paid more toward the policy than is owing for time on risk, you will receive a cancellation refund for the difference. If you've paid less toward the policy than is owing for time on risk, you will owe the insurance company for the difference.
Do you get charged for Cancelling insurance? ›
Just tell your insurance provider that you want to cancel and they'll arrange it for you. You'll probably have to pay a fee, which may be described as an administration, arrangement, processing or cancellation fee by your insurance provider. This fee can vary among providers and depending on when you cancel the policy.
How much does it cost to cancel insurance policy? ›
Some insurance companies charge a fee for canceling your plan early. This fee could be a flat rate of $50 or a short rate fee, which is usually 10% of your remaining premium.
