How to Cancel Home or Car Insurance
If you have recently changed your home or car insurance provider or sold a car or house, you need to cancel your insurance policy. This is not a difficult task, but most insurance companies do require a cancellation notice in writing. If you have a mortgage you are required to carry homeowner's insurance and you cannot cancel one policy until the other is in effect. Law requires you to carry car insurance as well, and you should not cancel the policy until you have another in place, unless you sold the car.
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Instructions
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Contact your insurance agent and tell them you need to cancel your home or car insurance policy. Ask them for the address to which you should send the cancellation letter.
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Write a letter requesting your current policy be canceled. List your policy number, your name, contact information and reason for canceling in the letter. You can also include the date that the new insurance policy went into effect.
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Mail the letter certified mail and keep a copy of the letter and proof of receipt in your files in order to prove that you canceled the policy for future reference.
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Monitor your bank account to make sure that the insurance company does not continue to draft your account after you have canceled your policy. If they do, contact your bank and the insurance provider to have the amount refunded.
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Tips & Warnings
If you have switched insurance providers, you new provider may cancel your old policy for you. You should still follow up with a phone call and monitor your checking account to make sure your insurance premiums are no longer charged to your account.
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