How Do I Cancel A Travelers Insurance Company?

by | Last updated on January 24, 2024

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To cancel Travelers insurance, the policyholder must

call a representative at 1-800-842-5075, cancel by mail, or cancel in person

. The cancellation can be arranged for a future date or set to take effect immediately. You will need your name, policy number, and the date you want your policy to end.

Can you cancel your insurance policy at any time?

The answer is that

you technically are able to cancel your insurance policy at any time

. Sometimes the question comes up, ‘Can I cancel my car insurance anytime?’ The answer is that you technically are able to cancel your insurance policy at any time.

Does Travellers have a cancellation fee?


Travelers charges a cancellation fee of approximately $20-$50 in some states

, though customers in other states do not have to pay a fee for canceling their car insurance coverage mid-policy. Travelers customers will receive a refund for any unused premiums, minus any cancellation fee.

How do I request cancellation of insurance?

  1. Date of notice.
  2. Insurance company name and address.
  3. Appropriate department name and contact person.
  4. Insured’s name (found in the declarations page of the policy)
  5. Insured’s mailing address.
  6. Insured’s phone number.
  7. Policy number.

Is Travelers Insurance owned by Geico?


No, Travelers Insurance is not owned by Geico

, though Travelers and Geico do some business together. Geico owns a subsidiary called Geico Insurance Agency, which sells policies from a variety of companies, including Travelers.

Is Travelers Insurance A Mutual company?

Type Public Website Travelers.com

Do you get a refund if you cancel insurance?

If the insurance company cancels your policy,

you’ll usually receive a refund unless they cancel the policy for non-payment

. If non-payment occurs, you will not receive a refund and will continue to owe the insurer any unpaid premiums.

How long does Cancelled insurance stay on record?

When your car insurance policy is cancelled, it usually stays on your insurance record for

about five years

, but it can be longer. This could result in you needing to get high-risk car insurance, which comes with higher-than-average premiums.

Can I cancel my insurance policy and get my money back?

If I cancel my auto insurance, will I get a refund? If you paid your premium in advance and cancel your policy before the end of the term,

the insurance company must refund the remaining balance in most cases

. Most auto insurers will prorate your refund based on the number of days your current policy was in effect.

How do I renew Travelers policy?

Typically, Travelers customers can update their coverage option and policies limits anytime —

online at MyTravelers.com, the MyTravelers

®

mobile app, or by speaking to their local independent agent or Travelers representative

. Note that making changes. Note that making changes to your policy can affect your premium.

What does a travel insurance cover?

Most travel insurance plans cover

medical emergencies, trip cancellation, trip interruption, delays, medical evacuation, and lost, damaged, or stolen luggage

.

How do I pay my travel insurance over the phone?

307.4202 to make a quick and simple payment. For all other customer service inquiries,

call 1.800. 252.2268

.

How do I write a letter to cancel my policy?

Dear Cancellation Department, I am sending you this written notice to request cancellation of my insurance policy effective (date you plan to cancel). I would appreciate you sending me written confirmation within 30 days that the cancellation has been put into effect.

How do I write a cancellation email for insurance?

To Whom It May Concern, I am requesting the cancellation of my auto insurance policy, [policy number], effective [date new policy begins]. As of that date, I will be covered by [new insurance company name], policy number [new policy number]. Please stop all automatic payments or debits from my account as of that date.

How do I write a cancellation policy for mail?

Dear Sir or Madam, Please allow this letter to constitute my formal demand for cancellation of the above-captioned policy. This cancellation will be effective as of ____ date. Please immediately return any unused premium to me at my address listed below.

Is Travelers Insurance A rated?


Travelers has an A++ financial strength rating from AM Best and an A rating from the Better Business Bureau (BBB)

, which likely means the company has a superior ability to meet claims obligations and regularly works with customers to resolve issues. However, Travelers insurance reviews from customers are mixed.

Is GEICO owned by Warren Buffett?


Geico is owned by Berkshire Hathaway, which is led by well-known investor Warren Buffet

. Warren Buffett has owned shares of Geico stock since 1951, and Geico became a wholly-owned subsidiary of Berkshire Hathaway in 1996.

Who is GEICO’s underwriter?

Geico’s home insurance is underwritten by 31 partners, including

American Family and Liberty Mutual

.

Is Travelers Insurance owned by MetLife?


Travelers Life and Annuity Company was acquired in 2005 by MetLife

, the third-largest life insurance company in the United States.

Will Travelers come back?


There will be no fourth season for Travelers

. Netflix has cancelled the sci-fi series after three seasons. Star Eric McCormack revealed the news Friday via social media. “A lot of you have been …

Are Hartford and Travelers the same company?


Travelers was founded in 1864, while The Hartford was founded in 1810

. Both are widely-trusted companies, but which has the discounts, services, and customer ratings that matter most to you? See how they stack up below.

Do you lose your no claims if you cancel your insurance?

No claims discount (NCD) is awarded for each full year of insurance, so

if you cancel mid-way through the year your no claims discount will not increase

.

How do I get my money back from an insurance company?

The majority of car insurance policies allow refunds for cancelled policies. After selling the vehicle being insured, simply

contact the insurance company and request a refund on the balance of your policy

. Insurance companies often require cancellation requests to be in writing.

Are insurance cancellation fees legal?


You shouldn’t have to pay a cancellation fee, although some companies may try to charge you

. You will, however, have to pay for the days you’ve been insured. If you paid for the policy in one lump sum, you’ll most likely get the rest of your money back.

Does Cancelling insurance hurt credit?

Cancelling your car insurance policy

shouldn’t affect your credit score

, whether you pay monthly or annually. As long as you cancel it properly. If you pay monthly, you can’t just cancel your direct debit. You’ll need to tell your insurer you want to cancel and pay any admin fees.

Can an insurance company cancel your policy without notice?

In most states,

an insurance company must give a policyholder written notice of cancellation at least 30 days before canceling the policy

. 1 The policy contract specifies the reasons the insurer can cancel the policy and the time frame and method in which it can do it.

Can your insurance company drop you?


Insurers can drop you if you don’t pay the premium, you’ve misrepresented yourself on the application, or your driver’s license has been suspended or revoked

.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.