Car Insurance Cancellation Requirement


Whether you've sold your car, found more affordable coverage with a different carrier or moved to a state where your car insurance carrier is not licensed, you will have to contact your carrier to notify it that you want to cancel your insurance policy in order to get a new policy with another carrier.


  • Maintaining a positive rapport with your carrier will help you return to that same carrier in the future with the same benefits you might have had while under their policy.


  • Most insurance carriers offer a toll free customer service phone number where consumers can verbally convey a decision to cancel. Other options include writing the carrier, or canceling online.


  • Insurance companies will normally list a specific process to follow for cancellation. Refer to the auto policy for details or consult an agent or the carrier directly.


  • Many carriers apply discounts for years of continual policy maintenance. Moving to another carrier will cause these discounts to be lost. For those still making payments on your vehicle, a lienholder requires full coverage at all times. Canceling a policy may be cause for the lienholder to charge for future coverage at a higher premium.


  • Do not just stop paying a premium, as this will result in the insurance carrier canceling the policy for nonpayment. This may negatively affect a credit report, and it could make it more difficult for to purchase car insurance in the future. Do not drive a car until covered by a new policy.

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  • Photo Credit "JDM - Subaru Impreza GT Turbo 22B Style" is Copyrighted by Flickr user: WillVision Photography (William "WillVision" GUILLON) under the Creative Commons Attribution license.
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