Do I need to inform my insurance company in writing that I won't be renewing my policy?

Do I need to inform my insurance company in writing that I won't be renewing my policy?

My auto insurance policy with The Hartford is up for renewal on February 22. I spoke to a local Nationwide agent, who gave me a significantly lower quote ($150 less per year) for better coverage. Do I need to inform The Hartford in writing that I won'-t be renewing my policy, or would a phone call be better?

Cars4Charities

You could phone them, but your new insurance company should take care it.

Ramon

Why don't you call them and find out what is it that they need? You actually do not have to wait until renewal. You can cancel any time and even get a bit of a refund. That is true for any auto insurance policy since you can sell the car, decide not to use it anymore, of the car could be stolen. Typically the new company notifies the previous one. Speak with your new agent and find out. Why wait? Best of luck.

Arianna

You don't have to do either, you just don't pay your renewal and it doesn't renew. Simple as that. It will expire on the expiration date.Source(s):I'm an independent insurance agent

Ask

insurance

Popular Q&A

List a lot of organizations other than sports please?
3M CompanySt. Paul, MNAbbott LaboratoriesAbbott Park, ILADMDecatur, ILAdvance Auto Parts, Inc.Roanoke, VAAdvanced Micro Devices, Inc.Sunnyvale, CAAetna Inc.Hartford, CTAffiliated Computer Services, Inc.Dallas, TXAflac IncorporatedColumbus, GAAGCO CorporationDuluth, GAAgilent Technologies, Inc...

Can I get a salvage bid from a wrecking yard online for a total loss vehicle?
I work for a major auto insurance company as an adjuster. We send all of our vehicles to IAA.It might not be as accurate as calling, but you should be able to get a pretty good approximation of a vehicle's salvage value online at their salvage analysis site. There are about 25 different classes...

I am looking for cheap nyc auto insurance. I dont want to pay more than 800 to a 1000 every 6 mos. Any ideas?
My idea is for you to call several insurance companies for quotes. Is there any other way?

Anyone have problems with Erie auto insurance?
I had Erie when I lived in PA. They were great in settling my claim. Speedy and efficient. The only complaint I had was my adjuster was bad about returning calls.When the other driver filed suit against me for diminished resale value, they represented me in court - for free. I won.By the way...

How long should I keep important papers?
This article offers an excellent guideline for how long to keep various papers:http://afewshortcuts.com/2011/01/simply-…In a nutshell:Paid Bills – 3 Months or less.Pay stubs- Until you Receive w-2Bank Statements- 6 Months or less (bank has records available anytime)Tax Returns- In most cases...