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 can cancel your Geico insurance policy at any time. The cancellation can be effective immediately or set for a future date.
Geico does not charge cancellation fees. Your insurance company may require a bill of sale before allowing you to cancel to show that you won't drive without insurance. In addition, if you cancel your Geico policy because you disposed of your car, you may have to submit proof, such as a sales invoice, so that Geico knows that you won't. When the interactive voice response system prompts you, say “cancel the insurance policy” and then “automatic” if you are going to cancel your car insurance policy.
By completing a Geico defensive driving course, drivers receive a discount of up to 5% or 10% on their Geico car insurance premium. You pay for car insurance in advance, and since you didn't pay the premium and were out of the grace period, you technically didn't have insurance. There are generally two types of fees that auto insurance companies charge for cancellation, fixed rates and short-term rates. No, Geico doesn't charge a cancellation fee to customers who cancel their auto insurance coverage midway through the policy.
Some auto insurance companies also charge a fee for canceling your policy before the policy term ends.