After 4 years of insurance with Progressive I now shifted to AAA. Progressive used to charge me $150 for the motorcycle and last year when I bought my car, my premium increased to ~$650 a year, for including a car. AAA, which in my unverified study is as good as Progressive if not better, quoted me less than half of that premium. I guess there comes a point when loyalty stops serving its purpose.
Well then, I come back home to cancel my policy with Progressive, and I told them all truth about someone else giving me better rates for the same service. It went something like this,
Progressive : Aaiye aaiye Nikhil ji ..leejiye aapki policy renewal taiyaar hai..
Me : ye nahi wo.. (pointing towards AAA policy)
Progressive : lekin aap to hamesha ye mehangi wali..
Me : leta tha.. par ab jab wahi service wahi policy.. kam dammon me mile to koi ye kyon le..wo na le
kahani mein twist,
Yeh Akashvani hai, aur Nikhil ko yeh soochit kiya jata hai ki 4 saal ke progressive service ke baad bhi, policy cancel karwane pe uspe $50 jurmana lagaya jaata hai.
Nikhil : Hain!!
So next I know is that I have been charged $50 as a cancellation fee. Now, its not a matter of why did they charge me. I would have been completely fine as they must have had written somewhere in their 6point font about cancellation fees, and have the full right to charge it, but I do not appreciate them doing this, because there is a simple way to get around this. This is what the trick is,
If you ever want to cancel midterm, you can. Many states have done away with cancel fees, typically about $50. However, if yours still does, when they ask you the reason for canceling, just say you moved out of the state or the country. They may ask you if you tried a rate in your new state, say you did but you found a much better one. No cancel fee will be assessed.
And, I did call them back asking if this was true. Every word of this is true. If you lie to them that you are moving out of state, they will not charge you the $50 cancellation fee. Alas, I only came to know of this after being true to them. I hope my friends reading this and having a policy with progressive and if in future decide to move away from progressive can be saved of this nefariousness.