State Farm's Cancellation Policy
Breaking up is hard, especially in home insurance. While State Farm makes it easy to make adjustments to your policy online, if you want to cancel, you have to call your local State Farm insurance agent. If you don't know your agent's number, or they have moved, you can dial the State Farm helpline: 800-782-8332.
Cancel By Phone
Expect a sales pitch on why you should absolutely stay with State Farm.
However, if you decide to go through with the cancellation, you will need to provide your agent with:
- Policy Number
- Name
- Date of Birth
- Social Security Number
- Cancel Effective Date (can cancel same day)
Cancel By Mail
You can also cancel by mail - write a letter in the following format:
Full Name
Full Street Address
City, State 00000
State Farm Policy #: H123456789
Please cancel my home insurance policy #[H123456789] for [Full Street Address, City, State 00000] with an effective date of [MM/DD/YYYY]. I have [switched insurance coverage/sold my house/paid off my house and no longer want coverage]. Please contact me at [123-456-7890] with any questions.Sincerely,
Full Name
The cancellation date should be at least two weeks in the future if you wish to cancel by mail.
Mail the letter to:
Corporate Headquarters
State Farm Insurance
One State Farm Plaza
Bloomington, IL 61710
Are There Cancellation Fees?
The nice thing about State Farm is there are usually no cancellation fees! Even if you cancel halfway through your policy term, you will get a pro-rated refund for the unused portion of your premium. You can cancel at any time during your policy term.
Notify Your Escrow Manager/Mortgage Servicer
Your lender will want to have a copy of your new insurance declarations page. Make sure to contact your mortgage servicing company to update them with the new policy documents. Also double-check the mortgagee clause on your new policy:
- Your Mortgage Loan #
- FULL LEGAL NAME of your Lender
- Lender Address
Example:
#421275329623398
My Mortgage, Inc. ISAOA/ATIMA
550 Mortgage Lane
City, ST 00000
Thinking of canceling your home insurance? Check other competitive rates in your area first:
Compare Home Insurance Quotes
At your service,
Young Alfred