i lost job can i temporary stop my car insurance and parked insurance only

by aj
(windsor,canada)

hi,

i lost job and want to study, currently i have third party coverage.
i want my car on comprehensive parked fire and theft coverage, as i cant pay huge premium. td canada company.

i have 1 year contract, their is any plenty or not.
or bank will refund some money to me.

thanks

Reducing Coverage - Not Driving

Hi AJ
If you cancel coverage there would be a short rate cancellation fee with most companies.

If you are not going to drive you can ask the insurer to reduce coverage to Fire & Theft only to save money (you can't drive then)

Please be sure to discuss this further with a licensed insurance representative. Oh, and by the way, are your rates too high? Check here:

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