How to cancel your policy

Learn how to cancel your Goodcover policy immediately or schedule a future cancellation in the Member Dashboard, and review refund and fee terms.

Published · 2 min read
How to cancel your policy

Cancel your policy immediately

  1. Sign in to your Member Dashboard with the email address on file.
  2. Select Edit on your policy.
  3. Scroll to the final option and select Cancel.
  4. Review the effective date and confirm immediate cancellation.

If you choose immediate cancellation and confirm it, your policy ends immediately. To end your policy on a later date, use Future Cancellation instead.

Schedule a future cancellation date

  1. Sign in to your Member Dashboard with the email address on file.
  2. Select Edit on your policy.
  3. Scroll to the final option and select Cancel.
  4. Select Future Cancellation.
  5. Choose your future cancellation date.
  6. Review the effective date and confirm.

Your cancellation takes effect on the future date you select and confirm. You'll get an email with the confirmation. You'll also receive a reminder a day before the cancellation is scheduled.

Refunds and fees

There is no cancellation fee. Any refund for unused premium is calculated under your state and policy terms, including any applicable minimum earned premium.

Installment fees paid during the policy term are not refunded. Policy fees are generally nonrefundable, but may be prorated in certain states. Whether proration applies and how a refund is calculated depend on your state and policy terms.

See fees associated with your policy for the difference between policy fees, installment fees and minimum earned premium.

Need a cancellation effective on a past date? Read How do I request a backdated policy cancellation?

If you only need to change your coverage, follow How to adjust your coverage or add special items.

Frequently asked questions

When does an online policy cancellation take effect?

If you choose immediate cancellation and confirm it, your policy ends immediately. You can also schedule a future cancellation date in the Member Dashboard. Review the effective date before confirming.

Is there a policy cancellation fee?

No. There is no cancellation fee. Refunds of premium and the treatment of policy or installment fees are separate questions.

How do I cancel my policy on a future date?

Sign in to your Member Dashboard with the email address on file. Select Edit on your policy, then Cancel and Future Cancellation. Choose your future date, review the effective date and confirm.

Are policy fees refundable when I cancel?

Policy fees are generally nonrefundable, but may be prorated in certain states. Whether proration applies and how any refund is calculated depend on your state and policy terms.

What happens to unused premium and installment fees?

Any refund for unused premium is calculated under your state and policy terms, including any applicable minimum earned premium. Installment fees paid during the policy term are not refunded.

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Issuance of coverage is subject to underwriting review and approval. Coverage may not be available in all states. Please see a copy of the policy for the full terms, conditions and exclusions. Policy obligations are the sole responsibility of the insurance carrier listed in your Policy Declarations. Coverage scenarios are hypothetical and shown for illustrative purposes only. Coverage is dependent on the actual facts and circumstances giving rise to a claim.