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They can retain policy fees, these fees usually cover the monies they had to pay for staffing at the time your application was generated. In order to cancel your policy seems simple to you, but it is an procedure to the insurance carrier.

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โˆ™ 2004-06-24 22:21:07
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Q: Why is it legal for an auto insurance company to keep your money if you requested a cancellation within 24 hours of the request for the policy?
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What is the procedure to cancel an auto policy with Progressive Insurance?

How to cancel your insurance policyYou have the right to obtain insurance from any company you like. You also have the right to change companies or cancel a policy whenever you desire. Just call them up and request cancellation, tell them you no longer want or need the coverage. Most companies will honor your phone request. Some may request that you put it in writing. A fax is usually sufficient.Alternatively if the company or agent is not agreeable, Just stop paying the monthly bill, That always effects a cancellation.Lastly, You can always file a complaint with your states insurance department. The Insurance company has no right to force you to to remain covered through them. Failure to honor your cancellation request is a violation of the states insurance regulations and can subject the company to thousands of dollars in fines by the state.AnswerIn New York there are two ways: 1: Prove to them that you have other insurance2: Return the plates to the DMVIn addition to the above a written request to cancel will also be needed.


How can I write a letter to requested adding my wife in my medical policy?

You don't need to write a letter. Call the insurance company and request the form you need to do this. You may also be able to do this online with the company.


When you request an auto insurance quote does your current insurance company find out?

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What insurance company reimbursed all of your homeowners insurance premiums when you sold your house?

None. If you sell your home, you report that to your home insurance company and request cancellation of the policy as it is no longer needed. You will then be entitled to a refund of any unearned portion of the remainder of your policy term but you would not be refunded for the period of time that the home was still covered.


How do you Cancel Home Owners Insurance and get a refund on remaining insurance due to home sale?

When you call you insurance company to cancel, they may want the request in writing...this is helpful if you have an agent, because you can just pay them a visit. The refund from unearned premium should be sent to you within a week of cancellation


What email address should you write to for Progressive auto insurance cancellation?

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What is the rating for federated national insurance company?

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How do you cancel a current health insurance policy?

Call the insurance agent or company and let them know you wish to cancel and request their method for doing such. If you are paying it through a bank draft I would stop the draft as well so that another payment is not drafted before the cancellation is processed.


Writing a insurance company to request the value of a life insurance?

Why write when you can make a phone call. Call the insurance company, your agent or your agents office and ask them.


Can a insurance company ask for a copy of your license?

Yes they can request a copy of your license as a part of your application of insurance. Usually they just ask for you number but they can request an actual copy


Request to Cancel Credit Card?

Get StartedThe Request to Cancel Credit Card is used to request the cancellation of a credit card. It may be a cancellation request for your credit card or you may be making the request on behalf of someone else, for example, on behalf of a card holder who has died.


How do you convert existing insurance to e-insurance?

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How do you get out of an auto insurance policy early?

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How do you get business travel insurance?

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Can you get auto insurance for a previous year?

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How do you cancel progressive insurance online?

You can call the 800 number that is on the back of your insurance card and speak to the customer service person on the phone. They may make you sign a cancellation request or perhaps they can take a recorded statement in lieu of this.


What is the meaning of Insurance is the subject matter of solicitation?

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How do you get a copy of your policy?

If you've misplaced or lost your Insurance documents Just contact your Insurance Company. They will provide you with a new copy on your request.


Can you buy life insurance for more than amount determined by insurance company calculators?

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Do you have to reimburse private insurance company for medical bills?

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What is a formal request made to an insurance company for payment of a loss is called?

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Can I buy a life insurance policy on my live in partner?

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What is the cash value in an insurance policy mean?

The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.


How do you write a service cancellation letter?

Dear Sir / Madam Re: Cancellation of Booking I am writing to request for a cancellation of my booking of your services for my planned function on August 10, 2010. I had requested for your services in planning for my Association's annual dinner at the Majestic Hotel but due to unforeseen circumstances, such as the unavailability of the venue on that day, the event has to be cancelled as no alternative date was given by the Hotel. Please accept my sincere apologies for this cancellation. When an alternative date is confirmed, I will contact you again for your services. Thank you for your kind understanding and cooperation. Any inconvenience caused by this cancellation is most regretted.