The question does not state the nature of the coverage that you have, but it really does not matter. A policy may be canceled by the insured in a couple of ways:
(1) Do not pay the current premium, or if you have, do not pay the next one.
(2) Contact your State Farm insurance agent and tell him/her or a customer service representative in the office of your desire to cancel.
(3) If the premium was being electronically debited from a bank account, rescind the authority to do that.
In all events, do not cancel the insurance until and unless you have replaced it with substitute coverage and you have confirmation that the new coverage is in place. If the State Farm insurance is homeowner's, keep in mind that any mortgage holder will be an additional insured on the policy and will be notified of the cancellation. You will likely have an obligation under the mortgage to keep the home insured, so it is important that you replace the State Farm coverage and name the mortgage holder on the policy. Otherwise, you will be in violation of the terms of the policy and the mortgage holder may take it upon itself to secure insurance to protect its own interests. That type of insurance is typically high and will be charged to your loan account.
If the State Farm insurance is car insurance, likewise make sure that it is replaced before you cancel. Most states have requirements that various types and limits of motor vehicle insurance be maintained, and you do not want to be in violation of those requirements.
Additionally, if the car is financed, the lender will have required physical damage coverage on the car to protect its interest. If you cancel it, the lender will get its own coverage to protect its interest in the collateral and charge the premium to the loan account. That insurance does not inure to your benefit, and protects only the lender's interest in the collateral.
Many many ways to cancel a policy1. Just call them up and cancel over the phone2. Send a signed letter requesting cancellation3. Stop paying the premium and it will cancel by defaultjust a few examples
Some insurance policies have no tolerance for accidents and may cancel your policy after your first claim. Others, like State Farm, will place you into a lower group with higher rates if you have an accident.
No, State Farm is a mutual insurance company and is owned by their policy owners.
That is a State Farm policy number.
If you ask your insurance company to cancel your policy, they will.
Base on state regulations, there are many reasons a company can cancel an insurance policy. If you paid for a year and they cancel you after 1 month, you will only be charged for 1 month of coverage and the other portion should be refunded to you.
If thee policy has already lapsed, there is no active policy to cancel. It means that it is already cancelled.
The level of disability coverage that you possess from State Farm can be located by consulting your insurance policy. State Farm does offer disability coverage, but it must be purchased.
If you cannot cancel a policy that you don't want that you are paying for on a spouse you need to contact the company which provides the policy. Most companies should allow you to cancel a policy.
Only the policy-holder has the right to cancel. You have no say in the matter.