Having your insurance cancelled can be scary.
We are here to help by providing you advice on the insurance that is right for you. As Insurance Brokers we work for you, not big faceless companies. We are focused on your needs and providing you with suitable coverage for your insurance needs.
Picture this: You’re going through your bills and see a letter from your auto insurance company with bright red letters on the front that reads “important notice.” You open it up to find out that you will no longer be insured, at least by them. You might wonder, “What’s this about?” Determining whether the notice is a non-renewal or cancellation could be the difference between a bad day and a dismal one.
Non Renewal vs. Cancellation
You may be confused as to the difference between a “non-renewal” of policy versus a policy cancellation. When your auto insurance company notifies you of a non-renewal, it means that your current coverage will continue until the end of the policy period, and thereafter cease to exist. Alternatively, if you are warned of cancellation, it means that your policy will be shut down immediately with proper notice in advance of the cancellation.
To put it lightly, you don’t want your policy to be cancelled. Non-renewal is seen as less serious by insurance companies. When it happens it’s simply because your insurer doesn’t want you as a customer any longer. Your policy typically will be non-renewed because you submitted too many claims in a short period of time, so you may want to rethink calling in a claim for the guy who bumped your car door in the parking lot. The policy can also be non-renewed if you have become a higher risk in the eyes of your insurer for a variety of reasons. For example, if your auto insurer finds out that you have a conviction for driving under the influence on your record, they may decide to non-renew.
How Can I Find the Right Coverage?
Cancelled Insurance.ca is a division of Acumen Insurance Group, we will help you pick the appropriate coverage for your vehicle and situation. As an independent broker, we have access to a variety of insurance plans. With our selection, so you can find the insurance that is right for you.
Protect your vehicle with insurance made for Hamilton. We know how to find the coverage that meets the needs of people like you who need help finding coverage after cancellation or non-renewal. Let us help you design the insurance plan that is right for you. Call (905) 643-8000 to find out more information today.