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Yes, you can change or switch your car insurance policy plan mid-year in Ontario. However, it’s important to consider the potential consequences and factors that may affect your decision to do so.

Here are some things you should know:

  1. Cancelling your policy mid-year: If you decide to cancel your current policy before its expiry date, you may be charged a cancellation fee. Additionally, if you have already paid for the full year, you may be entitled to a refund for the unused portion of your policy, but this depends on the insurance company’s policy and terms.
  2. Shopping for a new policy: Before making a decision to switch your car insurance policy, it’s important to shop around and compare different policies and rates from various insurance companies. This can help you find a policy that better suits your needs and budget.
  3. Timing: It’s important to consider the timing of your policy switch. If you have already made a claim on your current policy, switching mid-year could affect your claim and potential coverage. Additionally, if you are close to your policy’s expiry date, it may be more practical to wait until the end of the term to switch policies.
  4. Coverage: Make sure you understand the coverage of your new policy before cancelling your old one. It’s important to ensure that your new policy meets your needs and provides adequate coverage.

Overall, it’s possible to switch car insurance policies mid-year in Ontario, but it’s important to weigh the pros and cons and make an informed decision.

Should I Switch Insurance Companies?


It is entirely up to you if you want to switch insurance companies or not. There are plenty of insurance companies available that would be happy to take you. It certainly never hurts to do some shopping around for a cheaper insurance rate. You will more than likely find one if you look hard enough for one. When you are deciding whether or not to switch insurance companies, you might also want to think about how your insurance company is treating you. If you haven’t had the best customer service from your insurance company this can be a great reason to try elsewhere. However, if you have had good customer service, you could always get some car insurance quotes and then do some negotiating with your current insurance company.

How Do I Switch Insurance Companies?

Whether or not you should switch insurance companies depends on several factors, including your current coverage, your budget, and your level of satisfaction with your current provider. Here are some considerations to help you make a decision:

  1. Coverage: Review your current policy to determine if it provides the coverage you need. If you’ve experienced changes in your life, such as buying a new car or moving to a new location, you may need to adjust your coverage. If your current provider doesn’t offer the coverage you need, it may be time to switch.
  2. Cost: Compare the cost of your current policy with quotes from other providers. If you find that you can get the same or better coverage for less money, it may be a good idea to switch.
  3. Customer service: Evaluate your level of satisfaction with your current provider’s customer service. If you’ve had negative experiences with their service or feel like they’re not responsive to your needs, it may be time to switch to a provider that offers better customer service.
  4. Reputation: Research the reputation of potential insurance providers by reading customer reviews and checking their ratings with independent organizations like J.D. Power and AM Best. A provider with a good reputation for customer service and claims handling may be a better choice than one with a poor reputation.
  5. Loyalty discounts: Some insurance providers offer loyalty discounts to customers who have been with them for a certain amount of time. If you’ve been with your current provider for a long time, it may be worth asking if they offer any loyalty discounts before switching to a new provider.

Ultimately, the decision to switch insurance companies depends on your individual circumstances. Consider your coverage, cost, customer service, reputation, and loyalty discounts before making a decision.

Will I Be Issued a Refund from My Current Insurance Company?


Whether or not you will be issued a refund from your current insurance company when you switch insurance providers mid-term depends on several factors, including the terms and conditions of your policy and the timing of your cancellation.

If you have paid for your policy in full for the term, you may be entitled to a refund for the unused portion of your policy when you cancel mid-term. However, some insurance companies may charge a cancellation fee, which could offset any refund you may be entitled to.

If you pay your insurance premiums monthly, your insurance company may require you to pay for the full month before cancelling. In this case, you may not be entitled to a refund for the unused portion of the month.

If you have made a claim on your current policy before cancelling, the insurance company may not issue a refund for any portion of the premium that has already been paid. Additionally, if you cancel your policy mid-term, your insurance company may require you to pay any outstanding premiums before issuing a refund.

Before cancelling your policy mid-term, it’s important to review your policy’s terms and conditions and contact your insurance company to understand their refund policies.

How Long Of A Policy Should I Sign for?

The length of the policy you sign for depends on your individual needs and circumstances. In general, car insurance policies can be purchased for different terms, such as six months or one year. Here are some things to consider when deciding on the length of your policy:

  1. Budget: The length of your policy may affect your monthly payments. A shorter policy term may require a larger upfront payment but could save you money in the long run if you find a better deal on insurance.
  2. Driving habits: If you drive frequently or for long distances, a longer policy term may be more convenient as it reduces the need for you to renew your policy frequently. However, if you don’t drive as often, a shorter policy term may be more cost-effective.
  3. Changes in driving habits: If you anticipate changes in your driving habits, such as a change in your commute or the purchase of a new vehicle, you may want to consider a shorter policy term so that you can adjust your coverage and premiums accordingly.
  4. Discounts: Some insurance companies offer discounts for longer policy terms, so it’s worth checking with your provider to see if you can save money by signing up for a longer term.

Ultimately, the length of your car insurance policy should be determined by your individual needs and circumstances. Consider your budget, driving habits, changes in driving habits, and any available discounts when deciding on the length of your policy.

Can I Add Things To My Current Insurance Policy?

Yes, you can typically add additional coverage or change the terms of your current insurance policy. This is known as an endorsement or a rider. An endorsement is a document that amends your policy to include or exclude specific coverage, while a rider is an addition to your policy that provides additional coverage.

Here are some common types of endorsements or riders that you can add to your car insurance policy:

  1. Additional coverage: You can add coverage for things like collision, comprehensive, or rental reimbursement to your existing policy.
  2. Higher limits: You can increase the limits on your liability coverage to provide more protection in the event of an accident.
  3. Named drivers: You can add or remove named drivers from your policy.
  4. Usage-based insurance: Some insurance companies offer usage-based insurance, which allows you to pay for your insurance based on how much you drive. You can add this option to your policy if it’s available from your insurance company.
  5. Discounts: You may be eligible for discounts on your insurance policy, such as for having multiple vehicles insured, being a good driver, or having a good credit score. You can add these discounts to your policy to save money.

To add an endorsement or rider to your policy, contact your insurance company to discuss your options. They can provide you with more information on the types of endorsements or riders available, the cost of adding them, and how they may affect your coverage and premiums.

What Kinds Of Coverage Can I Add To My Insurance Policy?


There are several types of coverage that you can add to your car insurance policy to provide additional protection beyond the basic coverage that is required by law. Here are some of the most common types of coverage that you can add to your policy:

  1. Collision coverage: This type of coverage pays for damage to your vehicle in the event of a collision with another vehicle or object, regardless of who is at fault.
  2. Comprehensive coverage: This type of coverage pays for damage to your vehicle caused by things like theft, vandalism, weather-related events, or animal collisions.
  3. Uninsured/underinsured motorist coverage: This type of coverage provides protection if you are involved in an accident with a driver who does not have insurance or does not have enough insurance to cover the damages.
  4. Personal injury protection (PIP): This type of coverage pays for medical expenses and lost wages if you or your passengers are injured in an accident, regardless of who is at fault.
  5. Rental reimbursement coverage: This type of coverage pays for the cost of renting a vehicle while your car is being repaired after an accident.
  6. Roadside assistance: This type of coverage provides assistance if your vehicle breaks down or you are stranded on the side of the road.

The types of coverage available may vary depending on your insurance provider and the province in which you live. When adding coverage to your policy, consider your individual needs and budget to determine the types and amounts of coverage that are right for you.

How Do I Make Sure That I Do Not Have a Gap in My Insurance Coverage?

To make sure that you do not have a gap in your car insurance coverage, it’s important to follow these steps:

  1. Renew your policy on time: Renew your policy before it expires to avoid a lapse in coverage. If you’re not sure when your policy expires, check your insurance documents or contact your insurance company.
  2. Sign up for automatic payments: Consider signing up for automatic payments to ensure that your insurance premiums are paid on time every month or at the start of each policy term.
  3. Notify your insurance company of any changes: If you make any changes to your policy, such as adding or removing a vehicle or driver, make sure to notify your insurance company as soon as possible.
  4. Purchase a new policy before cancelling your old one: If you are switching insurance companies, make sure to purchase a new policy before cancelling your old one to ensure that you have continuous coverage.
  5. Keep proof of insurance with you: Make sure to keep proof of insurance with you at all times, such as in your vehicle or on your phone, in case you need to provide proof of insurance to law enforcement or in the event of an accident.

By following these steps, you can help ensure that you have continuous car insurance coverage and avoid any gaps in coverage that could leave you vulnerable to financial losses or legal penalties.

About the Author: Ashley Miller

Ashley is an insurance content professional and very knowledgeable on all related subjects. Ashley has over 12 years of insurance content writing experience working with various insurance companies throughout her career.