Car insurance coverage is mandatory in most states. However, sometimes, even after you've purchased a policy, your car insurance policy may be canceled or not renewed. Understanding the situations in which an insurance company might cancel or decide not to renew your policy can be important so that you can take the necessary steps to prevent this from happening proactively. If your policy is canceled, this summary will also explain how to restore the necessary coverage so that you can get back on the road in the shortest possible time.
All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. Married drivers typically pay less for car insurance than single drivers, so be sure to tell your insurance provider about your nuptials.
Liberty Mutualmay charge customers in some states a cancellation fee for canceling their coverage in the middle of the policy, depending on state insurance regulations. If it has improved, report it to your current insurer and then check if other companies can beat your insurance company's price.
First, you can call your insurance company to discuss whether your insurer might be willing to keep your policy. Liberty Mutual may also ask you for the details of your new auto insurance policy to verify that you won't be. To cancel Liberty Mutual insurance, the policyholder contacts their agent directly or call a representative at 1-800-290-8711. It's usually easiest to change your car insurance company when you renew your policy, but if you decide to switch between policies in the middle of the policy, your current insurer will normally reimburse you for unused premiums less cancellation fees. If you have already paid the premium for the policy period in full, Liberty Mutual will reimburse you for the unused portion, less cancellation fees.
For example, you should have Liberty Mutual update your mailing address or vehicle information if you are moving or buying a new car. You should switch your car insurance to another company when you can find a cheaper rate for the same amount of coverage without sacrificing aspects such as customer service. Car insurance rates vary dramatically by age, with particularly steep drops when the driver turns 19 and 21. Auto insurance companies can cancel or “cancel” your coverage, although you will usually be notified well in advance to get a new policy. Unfortunately, if your car insurance company cancels your coverage, obtaining another policy could be difficult and expensive, depending on the reason for the cancellation.
Your car insurance company will likely send you a letter explaining why your coverage was canceled.