Your needs change - Renewing and cancelling - Insuring - Automobile - Vehicle | Infoinsurance.ca

Automobile

Renewing and cancelling

Your child now has his driver's licence and wants to use your car to go to work. You're moving to the suburbs. Or you're thinking of putting your car in storage for the winter. Your needs may change midway through your policy term.

Modifying your insurance policy

There are many reasons why you might want to modify your insurance contract. That's why it's important to discuss it with your agent or broker. He can let you know which coverage best meets your new needs.

Looking for information about insurance?

Contact the Insurance Information Centre if you have any questions about insurance.

This service is free

  • It is available Mondays to Fridays, from 8:30 a.m. to 4:30 p.m.
  • Montreal: 514 288-4321
  • Elsewhere in Quebec: 1 877 288-4321
  • cinfo@gaa.qc.ca

Cancelling your insurance policy

Did you know you can cancel your insurance policy at any time and for any reason? You can do so by simply informing your insurer in writing. However, your insurer may charge you a penalty. Check to see whether it's really worth it.

Your insurer also has the right to cancel your policy no matter the reason. However, your insurer must notify you within 60 days of the policy coming into force. After this period, your insurer can only cancel your policy if:

  • You haven't paid your premium
  • You represent a higher risk

You should also know that your insurer has the right to charge you a penalty. This is set out in the cancellation table appended to your policy. The longer the remaining policy term, the higher the penalty.

The risk is higher if:

  • You change vehicle model
  • You change the main use you make of your vehicle
  • You've had several losses
  • etc.
Looking to
save money by
not telling your
insurer everything?

Looking to save money by not telling your insurer everything?

By choosing to hide information from your insurer, your run the risk of not being indemnified should you have an accident, or of just being partially indemnified.

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