2020 marks a year of change for many Americans––and that change extends to your car insurance. When you first bought your Esurance car insurance policy, you probably hoped it would be for the long run. But you may have found better coverage elsewhere, or simply determined that Esurance no longer suits your needs.
Founded in San Francisco in 1999 and acquired by Allstate in 2011, Esurance is a high-tech insurance company built for the modern millennial. The company gives drivers personal discounts through the use of specialized mobile apps like DriveSense. With an Insurify Composite Score of 91, Esurance is highly ranked, especially when it comes to personalized auto insurance for tech-savvy drivers!
Still, there are many reasons why Esurance may no longer be working for you or your family. Perhaps you’re moving to a new state, or a change in your driving record raised your rates. And that’s where Insurify comes in. With their unmatched ability to swiftly compare auto insurance quotes, Insurify takes just minutes to find the right car insurance policy for your lifestyle.
Read on to learn how to cancel your Esurance policy in just a few short steps.
At a Glance: What is Esurance’s Cancellation Policy?
Unlike many other car insurance companies, Esurance charges a cancellation fee for canceling your car insurance before your policy expires. It’s important to note that if you choose to cancel your insurance policy with Esurance before your term expires, you will likely be subject to this policy cancellation fee.
This cancellation fee typically consists of either 10 percent of your remaining premium balance or a flat fee between $30 and $50. To learn more about the cancellation fee, give the Esurance team a ring at their phone number of 1-800-ESURANCE (1-800-378-7262). If you decide that you’re still interested in canceling your policy, read on!
Step 1: Look Up Your Renewal Date
One way to avoid paying a cancellation fee is to determine your current policy renewal date and choose not to renew it, rather than canceling your insurance coverage before the policy term expires.
How can you find your renewal info and other auto insurance policy information? It’s as simple as logging into your Esurance customer account at esurance.com. That’s where all your policy documents and information are stored, like your policy number and your credit card or debit card payment methods.
Additionally, about 45 to 65 days before your policy term is up, Esurance will send you a renewal offer by email. The majority of customers have the option to renew their Esurance policies every six months.
Once you know your renewal date, you can call the Esurance team and let them know that you’d like to opt-out of renewing your Esurance auto insurance after its current term expires.
Step 2: Compare Car Insurance Quotes
So, you’ve decided that you want a new policy and a new insurance provider. But what’s the best way of making sure that you find the best new plan for you, one where your insurance rates stay low and rate increases are avoided?
It’s essential to keep in mind that it’s illegal to drive a car without insurance. So even though you may be dissatisfied with Esurance’s high rates, customer service, or treatment of insurance claims, it’s crucial if you plan on driving that you find another option for auto coverage before canceling your current policy!
Additionally, in some states, you may be charged higher insurance rates for any gap in coverage––so even if you don’t plan on driving, maintaining continuous coverage is key. One of the best tools to quickly and easily compare insurance quotes across many different carriers is the leading quote-comparison site, Insurify. Insurify saves customers both time and money, with customers saving an average of $489 a year on car insurance.
Step 3: Think About Why You’re Leaving Esurance
To determine the best new insurance policy for you, it’s crucial to figure out exactly why Esurance wasn’t working out. Perhaps it was something simple, like moving to a state Esurance didn’t cover.
But maybe it was a more specific need. Perhaps you wanted policy bundling for your renters and car insurance. Maybe Esurance’s high-tech approach raised privacy concerns, or you found their DriveSense app intimidating. Perhaps you’re interested in perks like roadside assistance. Maybe Esurance was just no longer working for your bank account.
Whatever the reason, if you know what qualities you wanted in an insurance plan that Esurance lacked, you’ll know what to look for in your next policy.
Step 4: Enroll in a New Car Insurance Policy
So, you’ve decided to cancel your policy or policy renewal for Esurance, determined what you need in your new car insurance policy, and checked out dozens of carriers using Insurify’s cutting-edge comparison tools. You’ve found a policy that seems like a good match. What next?
It’s time to reach out to your new carrier to confirm your enrollment. You’ll need to provide them with some personal information, which may include your date of birth, your desired start date, details about your vehicle, and your preferred payment method. You may even choose to bundle your car insurance with another insurance type they offer, like health insurance, for further discounts.
But before you enroll in a new car insurance policy, make sure to check out the customer reviews. If other customers highly rated their experience with a certain insurance carrier, it stands to reason that you’ll like them, too. Insurify allows you to see customer reviews for a wide range of providers, as well as financial ratings from trusted companies like A.M. Best.
Step 5: Cancel Your Esurance Policy
So, you’ve enrolled with your new carrier, ensuring you won’t have to detail with any pesky coverage gaps.
Give an Esurance customer agent a call at 1-800-ESURANCE (1-800-378-7262) to let them know you’d like to cancel your Esurance policy or avoid renewing it when your current term expires.
Keep in mind that your customer agent has a vested interest in keeping policyholders enrolled. She or he may bring up rate increases or potential coverage gaps to try and keep you as a customer, but if you’ve already found a plan with another carrier, you can cancel your Esurance policy with a calm mind.
Step 6: Follow Up On Your Refund
In some states, you may be eligible for a refund from Esurance for any unused portions of your coverage. Once you’ve canceled your plan, check with an Esurance agent to see if you may be eligible for any rebates.
And that’s it––that’s how you cancel your Esurance car insurance policy in just six easy steps!
Next time you’re stuck in traffic on the freeway or waiting in line at the DMV, you can smile with the knowledge that you successfully canceled your Esurance policy and found a better car insurance plan for you.
Esurance Car Insurance Cancellation: Quick Questions
Can I cancel my Esurance policy online?
To cancel your Esurance policy, you’ll need to give the Esurance team a call at 1-800-ESURANCE (1-800-378-7262).
Will I be charged a fee to cancel my Esurance policy?
If you choose to cancel your insurance policy with Esurance before your term expires, you will likely be subject to a policy cancellation fee.
If I cancel my Esurance policy, how do I find new car insurance?
Rather than wasting days comparing individual insurance carriers like Progressive or GEICO one-by-one, Insurify can help you get real, accurate, and cheap car insurance quotes from dozens of carriers in just a few clicks!
Browse, Compare, Discover with Insurify today.