Switching Car Insurance : Auto cancellation ?


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Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 08-09-11 03:42:27

CDs ,

If we switch our car insurance to a new provider , does the previous policy and provider cancel automatically OR continues until we notify them ??


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Fido.


brown_bear   
Member since: Nov 06
Posts: 542
Location: Somewhere in dreamland

Post ID: #PID Posted on: 08-09-11 06:31:59

It continues until we notify the previous provider.



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 08-09-11 07:53:18

Most auto insurances are one year contract and there is a penalty if you break it in between. You have to notify your current provider to cancel.


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chekram_04   
Member since: Nov 06
Posts: 427
Location: Mississauga

Post ID: #PID Posted on: 08-09-11 10:20:08

I think there is no notice period if you cancel it at the time of renewal i.e. when you get a notice of renewal you have one month time to decide and if you notify them with in that month you don't have to pay any penalty. I did it for my policy last year.



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 10-09-11 04:33:26

Thanks. I thought it would be automatic once you switched ( similar to landlines phone companies ) but it is not so .

I had switched from Belair to Johnsons and found charges still coming in from the old provider .... Called them and they advised that they have back dated the cancellation & would be sending me a refund ...

Try Johnsons if you have a G ... I got a quote for 204/- compared to 337/- from Belair .


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Fido.




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