Question Regarding Progressive Insurance
I currently have car insurance with Progressive. My payment of $800 is scheduled for Monday, March 10th, but I’ve postponed it to the 12th. I plan to switch insurance providers on March 10th at 9 AM. My question is: will I need to pay for the 9 hours of insurance I’ll be using on that day? Alternatively, if I delay my switch for a few days, will I still be charged for the full $800 when I notify Progressive that I’m leaving, or just for the additional days I hold the policy?
When you switch insurance providers, you typically pay for the coverage you use until your new policy takes effect. If your payment is scheduled for March 12, and you switch on March 10 at 9 AM, you would technically be charged for the coverage up until that point, including the time you are insured before you switch.
However, whether you need to pay for just those 9 hours or the full $800 depends on Progressive’s billing policies and how they handle cancellations. It’s best to reach out to Progressive directly to clarify how they would handle your situation and what charges might apply. They can provide you with specific information based on your policy terms and the timing of your cancellation.
If you decide to wait for a few days before switching, you may end up paying for those extra days until you officially cancel your policy, but again, it’s best to confirm with them.