How Do I Cancel My Policy?

If you need to cancel your Alset Insurance policy, here's what you need to know.

Before You Cancel

Consider:
- Do you have replacement coverage in place?
- Never let coverage lapse—gaps can increase future rates
- You may owe remaining premium or receive a refund

How to Cancel

By Phone (Required):
Call 475-619-3790
- Cancellations must be requested directly
- Have your policy information ready
- Provide desired cancellation date

What You'll Need:
- Policy number
- Reason for cancellation
- Effective date
- New insurance information (if applicable)

Cancellation Options

Future Date:
- Schedule cancellation for a specific date
- Ensure no gap in coverage

Immediate:
- Coverage ends right away
- Make sure you have other coverage first

Refunds

If you've prepaid:
- Unearned premium is refunded
- Calculated based on unused portion
- Refund sent within 7-14 business days
- Method depends on how you paid

If You Owe Money

If you're on a payment plan:
- You may owe remaining earned premium
- Final bill will be sent
- Timely payment protects your record

Important Reminders

• Most states require continuous coverage if your vehicle is registered
• Don't cancel before new coverage starts
• Notify your state DMV if required
• Return license plates if required in your state

Reasons to Keep Coverage

Before canceling, consider:
- Policy changes instead of cancellation
- Storage/suspension options for unused vehicles
- Potential rate increases with new insurers