What is the process for canceling my auto insurance policy with Mercury Insurance?
If you're wondering about the process for canceling your auto insurance policy with Mercury Insurance, it's quite simple. Mercury Insurance might charge policyholders a $35 cancellation fee in all states except Alaska. You can contact Mercury Insurance Company to cancel your car insurance policy immediately.
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Brandon Frady
Licensed Insurance Agent
Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...
Licensed Insurance Agent
UPDATED: Dec 16, 2023
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Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Dec 16, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- You can cancel auto insurance with Mercury at any time
- Mercury may impose a cancelation fee, but you may also receive a refund
- The most important aspect of canceling auto insurance is securing a replacement policy if you plan to continue driving
Are you wondering how to cancel your Mercury Insurance policy? Like most insurance companies, you can easily cancel with a phone call, and it is always within your rights to do so.
That said, understanding how auto insurance works also includes knowing how to line up a new policy before you cancel with Mercury.
Shopping for better options and contacting your replacement company before canceling is the best way to avoid a coverage lapse. Read on for more on the cancellation process with Mercury.
Set Up New Coverage Before You Cancel Your Auto Insurance Policy with Mercury Insurance
Learning how to cancel auto insurance is easy, but you need to have a new policy lined up and ready to begin when your Mercury coverage ends. Most states require all drivers to carry valid auto insurance, including liability coverage and more, in some cases.
If you are uninsured at any point, even for a few days, you risk sustaining vehicle damages and injuries that you must pay for out of pocket. You can also get into legal trouble.
To replace your auto insurance policy with the best alternative, compare and contrast the best affordable auto insurance companies and learn how to know if you chose the right coverage.
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How to Cancel Your Auto Insurance Policy With Mercury Insurance
After you secure new coverage, follow these steps to cancel with Mercury:
- Call Mercury and tell the company you wish to cancel. Make sure you have your policy details and personal information ready.
- You should be able to cancel over the phone, but in some cases, Mercury may ask for a cancellation request letter.
- If the representative asks about a replacement policy, tell them the insurance company and policy start date.
- Be sure to clarify whether Mercury owes you a refund for unused monthly premiums.
- If Mercury charges a $35 cancellation fee, pay it over the phone or through your bank’s app or website.
- Request a letter or email from Mercury for cancellation confirmation.
In some states, you may also be required to notify your DMV when you cancel your insurance policy.
Why Drivers Cancel Mercury Auto Insurance Policies
Sometimes, Mercury clients shop around for new coverage options when they feel dissatisfied with their current policy. This doesn’t mean Mercury Auto Insurance Quotes is a bad insurance company. It simply means that driver’s needs have changed, and other companies may have perks that interest them.
If you move to a new state or country that doesn’t have a Mercury office, you may have to switch to a new company. Some states also have cheaper insurance rates than others.
Many people also sell their cars and stop driving after they relocate. In that case, it’s acceptable to cancel a policy without replacing it, but you may need to provide proof.
The cost of auto insurance can also be a significant expense for drivers. Financial constraints or the need to reduce expenses may lead some people to cancel their auto insurance to save money in the short term.
However, it’s important to reiterate that driving without insurance is illegal, and you should explore lower-cost policies to maintain compliance.
Canceling Your Auto Insurance Policy With Mercury Insurance: The Final Verdict
After securing new auto insurance coverage, canceling your Mercury policy is just a phone call away. Ensure you have the information an insurance representative may request, such as details about the policy you are switching to.
Mercury may impose a $35 cancellation fee, but you may also be entitled to a substantial refund if you are canceling prepaid coverage.
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Frequently Asked Questions
Is it okay to cancel car insurance?
You are always free to cancel your auto insurance coverage at any time, but keep in mind that you’re legally required to have insurance coverage when you drive.
Does canceling auto insurance affect your credit score?
Canceling auto insurance will not affect your credit score unless you have unpaid premiums that have already been sent to a collection agency.
Can I cancel my car insurance anytime?
You’re allowed to cancel auto insurance at any time. However, you may want to cancel just before the renewal date. This may help you avoid waiting for a refund for unused premiums. Always be aware that a cancellation fee may apply.
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Brandon Frady
Licensed Insurance Agent
Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.