How to Write a Cancellation to a Insurance Company

While finding new insurance can be a tedious experience, explaining to your current agent that you have found new coverage can be difficult. Oftentimes agents will question your reasons for leaving or they may make you feel wrong for going with a different carrier. The best way to avoid an awkward situation is to send a cancellation letter.

Instructions

1. Find your policy number on your policy documents. If you can't find your policy number or your documents, you may have to contact your agent. To avoid questions, explain to your agent that you have lost your policy and would like a copy mailed to you.

2. Compose a letter. Include current date, name of insurance company, date you wish to cancel the policy and a current address where you want any reimbursements sent (This is especially important if you are canceling your insurance because you have moved.)
   Though not required, a brief description of why you are canceling is usually appreciated, whether it's because of rates, poor customer service or another issue.

3. Include a closing and sign your letter. The signature must be of the named insured. If the named insured is incapacitated or deceased, a power of attorney or executor may sign for them. Most insurance companies will not cancel a policy without a valid signature.

4. Mail your cancellation letter to the agency. If you do not receive a cancellation confirmation or a refund within 10 business days, follow up with a telephone call.

References

• Ampm Insure