Liberty Mutual's cancellation policy allows you to cancel coverage at any time. However, you may be charged a fee for canceling your policy early. Comparion Insurance Agency is the largest personal lines agency in the U.S. Department of State in terms of premiums, with more than 2000 local agents and 180 offices.
Comparion is owned by Liberty Mutual, a Fortune 75 company. He is licensed as an insurance agent to issue property and accident insurance, including home, life, auto, general and home fire insurance. Some insurers also consider people's education and occupation when deciding how much to charge, arguing that there is a correlation between these factors and the financial risk of insuring a customer. Insurance companies don't allow independent researchers to access their data, so there's no way to verify the strength of the correlations between education, position, and financial rewards and risks for insurers.
When the interactive voice response system prompts you, say “cancel the insurance policy” and then “automatic” if you are going to cancel your car insurance policy. Comprehensive insurance covers damage to your car caused by events other than collisions with other vehicles or stationary objects. To cancel Liberty Mutual insurance, the policyholder contacts their agent directly or call a representative at 1-800-290-8711. While you can cancel Liberty Mutual insurance at any time, you may be charged a fee for canceling your policy early. If you have already paid the premium for the policy period in full, Liberty Mutual will reimburse you for the unused portion, less cancellation fees.
This information may be different from what you see when you visit the website of an insurance provider, insurance agency, or insurance company. There are many reasons why you should understand Liberty Mutual's cancellation policy, such as selling your car or finding cheaper coverage with another company. It had never occurred to Rivera that her former auto insurer could use education in its pricing formulas, a practice she considers deeply unfair. To understand how insurers use education and employment to set premiums, Consumer Reports requested nearly 900 auto insurance quotes online from nine insurers.
Liberty Mutual allows you to cancel your policy at any time, but you may be charged a cancellation fee depending on where you live. Insurers can't charge people differently for car insurance based on their race, but pricing based on education and employment can have a similar effect, Bell says.