I want to cancel my policy, but I just paid for the year. What do I do?

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  4. I want to cancel my policy, but I just paid for the year. What do I do?

I want to cancel my policy, but I just paid for the year. What do I do?

You can cancel your insurance policy after making a yearly payment, you will receive a refund for the portion of the premium that covers the remaining time on your contract, minus any applicable cancellation fees

Before paying cancellation fees, please note:

  • If the reason for cancellation is a move: You can request a change of address and keep the same insurance policy with us.
  • If the reason for cancellation is the purchase of a new vehicle: You can transfer your current policy to the new vehicle.
  • If the reason is related to the price: You can always get a new quote in 4 minutes with YouSet, and we will try to find a better rate with another insurer for you.
  • If the reason is that you want to bundle your insurance: YouSet is the only digital broker in Canada that automatically compares the cost of bundling home and auto insurance from a single insurer against the cost of mix-and-match home and car insurers. This allows you to save up to 15% on your premium. Get a quote now.

However, if you still wish to cancel your insurance policy, you can do so at any time via your YouSet account.

    1. Sign in to your YouSet account
    2. Under your insurance policy, select « Modify Policy »
    3. Select « Cancellation and non-renewal »
    4. Follow the steps that appear on the screen

Also, keep in mind that cancellations cannot be applied retroactively, so we advise you to initiate the cancellation process as soon as you’ve made the decision.

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