Does Change of Address changes insurance premiums?


(Ontario, Canada)

When I change my address is the insurance company likely to check my driving record or change my premiums?


Change in Insurance Premiums After a Move


Hi there,
A move can trigger a change in premiums. That could be higher or lower, depending on the area where you live and where you move to. As an example, if you move out of Toronto, to just about anywhere else in Ontario, your rates are likely to go down.

As for checking your driving record, that usually occurs at renewal.

Hope that helps

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Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.

Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

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