Find out how much it could cost to switch today.
Use our insurance cancellation calculator
You don’t have to wait until it's time to renew – cancelling your home and auto insurance mid-term is easier (and might be cheaper) than you think. Answer a few questions and our insurance cancellation calculator will show you how much it could cost to cancel your current home or auto policy. Then switch and start saving with Sonnet!
Find out how much cancelling your current policy could cost.
Cancelling your current policy could cost about:
Switch and start saving
Steps to switch to Sonnet Insurance
Want to know more about insurance cancellation?
FAQs
Contact your broker or insurance provider and let them know you plan to cancel. You may be asked to submit a request in writing to confirm your cancellation.
It helps to have on hand the following information:
- Insured’s name(s)
- Policy number
- Insurance company name
- Cancellation date
Be sure to set up your new coverage before you cancel to make sure you’re always protected.
Need a refresher on how to get a Toronto car insurance quote? Review these easy steps.
Select a date for when you want your home or auto policy to start.
Moving? Choose a coverage start date for your home policy based on your moving or closing date. For auto, both your cancellation date and coverage start date should be the same to make sure there’s no gap in your coverage.
Switching? For your home and auto policy, both your cancellation date and coverage start date should be the same to make sure there’s no gap in your coverage.
The cancellation fee your insurance company will charge you will depend on how far along you’re in to your policy term. The closer you are to your policy renewal date, the less you’ll have to pay.
We may request a down payment that is due on the date you purchase your policy (for some customers). Don’t worry, we’ll be up front if this applies to you and you’ll know exactly how much the down payment will be before you commit to buying your policy.
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