You may cancel your policy at any time, but there will be a penalty or administrative fee unless you cancel on your renewal date.

Typically, insurers calculate a refund based on the unused portion of your premium (known as a short-rate refund).

The exact amount depends on how far into the term you are.

It's important to note that in Ontario, you must also ensure you have other valid coverage.

Contact us to confirm any fees or final refunds before canceling.