Question about Progressive Insurance
I currently have Progressive for my car insurance. My payment of $800 is scheduled for Monday, March 10th, but I’ve changed the withdrawal date to the 12th. Since I’m planning to switch insurance providers on March 10th at 9 AM, I’m wondering if I’ll need to pay for the 9 hours of coverage I’ll be using that day. If I decide to wait a few days to switch providers, will I be charged for those additional days when I inform Progressive of my cancellation, or will I still be billed the full $800?
When it comes to switching insurance providers, you generally only pay for the coverage period that you’re actually using. Since you’re planning to switch on March 10th at 9 a.m., you’ll typically be responsible for paying for the coverage up until that time.
However, you should check the specific terms of your Progressive policy regarding cancellations and any associated fees. Some insurers may have a minimum payment period or may not prorate the premium. Contact Progressive directly to clarify if you’ll be charged for the full $800 or just the portion of time you’ll be using the coverage.
If you decide to wait a few days to switch, you’re likely to owe for the full premium until you officially cancel your policy, so keep that in mind. It’s always best to get confirmation from your insurance provider to avoid any surprises.