You’re Cancelled If your car insurance policy is being cancelled or non-renewed, find out if it's being done by your broker or by your insurance company. Your Broker Is Cancelling Your Insurance Policy: There are no insurance consequences if your broker is cancelling your policy. Call your insurance company and ask to be referred to another broker. Your insurance broker does not need a reason to non-renew you. The reason may simply be that they no longer do business with that insurance company. Your Insurance Company Is Cancelling Your Policy: A cancellation from an insurance company is serious and can make it harder to find an insurance company to take you at a good rate. If your insurance company is cancelling your policy, you will receive a letter by registered mail outlining the reason. All insurance companies must file their conditions for cancellations with the government and the government must approve them. Otherwise, they can't cancel your policy. Tip: If you know you’re policy is being cancelled, start getting quotes right away, before the cancellation appears on your record. And don’t be surprised if you find a better rate with another company.
|
|
|
|