Liberty Mutual doesn't allow the cancellation of policies online, so there won't be an option to cancel your coverage through your online account. Other insurers allow online cancellation. There are many reasons why you should understand Liberty Mutual's cancellation policy, such as selling your car or finding cheaper coverage with another company. If you pay your premiums month-to-month, things get a little more complicated.
Since you didn't pay in full, you won't be reimbursed if you cancel your policy early, unless you cancel it in the middle of the month. In that case, you will only be reimbursed for the remaining half month. You can cancel your Liberty Mutual car insurance contract by contacting the company's customer service department. Kara McGinley was a senior editor and licensed home insurance expert at Policygenius, where she specialized in homeowners and renters insurance.
Before you finalize your current auto insurance policy, you should make sure you have new coverage. If you need to cancel your car insurance policy before the policy period ends, it won't be too difficult to do so. Take a look at this chart to compare Liberty Mutual's average car insurance rates by type of coverage with those of other major companies. While you can cancel Liberty Mutual insurance at any time, you may be charged a fee for canceling your policy early.
You'll need to provide basic information about yourself, your Liberty Mutual policy number, and the date you want your policy to end. Check with the insurer to see if you can download an electronic copy for printing, or keep it handy if you need to show proof of insurance. If you like Liberty Mutual coverage, but the rates are too high, there are a few ways you can lower your rates and keep your coverage. Car insurance is financial protection if you have an accident and damage someone else's vehicle or cause injuries to them.
Major insurance companies offered partial reimbursements of auto insurance premiums due to the COVID-19 pandemic. Since most states require at least a minimum amount of insurance, make sure you have new coverage before canceling Liberty Mutual car insurance. For example, if you voluntarily cancel your medium-term insurance policy, your insurance company can reimburse you for the remaining months you have already paid, minus any fees to cancel early. Since then, she has worked as a news writer in the insurance industry and has gained in-depth knowledge of state and national insurance laws and rates.
If the coronavirus outbreak has affected your ability to pay your car insurance premiums, contact your insurer and ask about options for people with financial difficulties.