Overview
Yes, you can switch to YouSet at any time, even in the middle of a current policy elsewhere. If you paid for your old policy in full, you will get a refund for the time you didn't use. That said, your current insurance provider may charge a cancellation fee for doing so. A cancellation fee, also called an early termination fee, is a charge some insurance companies add when you end a policy early.
This applies if you have an insurance policy with another provider and want to switch to YouSet.
How to switch to YouSet
- Get a quote on YouSet.ca
- Select the date you want your YouSet policy to start
- Complete the online checkout
- Contact your current insurance provider and ask to cancel your old policy on the day your YouSet policy starts
What happens after
- You get a confirmation email and text from YouSet
- If you paid for your old policy in full, your old insurance provider refunds the part you didn't use, minus any applicable cancellation fees
Frequently asked questions
Will my old insurance provider charge a cancellation fee?
When you cancel a policy early, some insurance providers will charge a cancellation fee. Contact your current insurance provider to find out if they do charge a cancellation fee, and if so, how much it will be.
Will I get money back from my old insurance provider?
If you pay annually, you will get a refund for the part you didn't use, minus any cancellation fee. If you pay monthly, your payments stop once your old policy is cancelled. You may also get back the unused part of your last monthly payment. This depends on your insurance provider, so check with them.