GEICO is an abbreviation for Government Employees Insurance Company a government institution that gives different insurance services to its employees; Motor Trade Insurance services included. This insurance company was started in 1936 and was then covering employee on a few states in America but now it has made tremendous growth and covers the 50 states. All government employees are covered with this insurance company on different policies at their own peril depending with one’s choice of insurance necessity. Government employees who wish to insure their cars with GEICO are well covered and they can make termination of coverage from this company any time they wish.
To be covered by this company, there are conditions that the car they want to insure must meet such as the car should not be more than 15 months old at the time of insuring it, one is also not supposed to make modifications on their car by fitting extra features such as alloy rims, music systems among other a reason that makes them pull off from this insurance company. So, when one feels uncomfortable insuring their car with GEICO, they can cancel their insurance policy with them at any time though they must meet some conditions before the policy is cancelled.
To terminate a policy with GEICO, the car owner is supposed to either visit the GEICO website and follow the cancellation procedure on the website or give them a call explaining to them their desire to terminate their services with them or just write them a letter of policy cancellation. While doing so, they must give GEICO ample time to facilitate the cancellation of the policy. When one calls GEICO for policy cancellation, the GEICO representative will advice one on all the procedures and requirements needed to end a contract with them. A condition that is required by any insurance company on cancellation of any policy, one is required to provide the reason as to why they want to cancel the policy with them.
The car owner should also provide a proof as to why they no longer need the policy with them and provide all the verified documents supporting this proof. If the reason for policy cancellation is that the car owner wishes to sell the car, they should present supporting documents to show they are selling the car meaning they will not require the cover anymore. If the car is no longer operational, they should also present documents to show that they will not be using the car anymore; or any other reason that is making them want to terminate the policy with them.
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If the reason as to why they want to cancel the policy with GEICO is that they want to change the insurance carrier, the car owner is supposed to proof so by presenting documents of the other insurance carrier they will be using and when the insurance will commence working with them. To enable a quick cancellation, the car owner should get the replacement policy before going to cancel the previous policy with GEICO. After all the paperwork is finalized, the car owner is then supposed to follow up the cancellation and request for any refunds that there maybe if they had paid some premiums in advance.