Learn more about how to switch your insurance.
Undecided about whether you should switch your home and car insurance from your current insurance provider? Start with helpful information about how to determine the right insurance for your home, and more useful information about what to look for when comparing car insurance quotes.
Already made up your mind about switching your insurance provider to TD Insurance? By switching your home or car insurance to TD Insurance or bundling them both together, you get the coverage you need and can enjoy some great savings too.
Let’s say you’ve done your research and you know all the benefits and ways you can save for your car and your home when you switch to TD Insurance. In this article we’ll help you understand the process of changing from one insurer to another. We’ve answered frequently asked questions, like what information you’ll need, the steps involved to switch before your renewal date, and when to cancel your old insurance. Best of all, we’ve made it simple, straightforward, and convenient for you to switch your insurance.
What do I need to do before I switch my home and car insurance to TD Insurance?
The first thing to do is get a quote. Once you’ve done that, compared your coverages and premiums, and are ready to switch your insurance, there are a few things you should have on hand to make the process a little easier.
How to switch my car insurance policy:
If you’re setting up a car insurance policy, have your driver’s license (along with anyone else’s in the household that will be on the policy) and the VIN (vehicle identification number) for your car on hand. We’ll also need to know who the vehicle is financed or leased through, if applicable. You’ll be asked a few quick questions and then you’ll need your payment details.
How to switch my home insurance policy:
If you’re setting up a home insurance policy, you don’t need any paperwork. Most of the necessary information needed about your home would’ve been collected during the quote process. In order to purchase your home insurance, you’ll be asked a few questions to confirm who needs to be listed on the policy. If applicable, we’ll need to know who your mortgage is through so we can notify them that TD Insurance will be insuring your home. And then of course, you’ll be able to set up payment, review your coverage, and complete your purchase. There may be a few additional questions to ensure you get the right coverage for your unique needs.
How do I contact someone to switch my insurance?
With TD Insurance, we offer two different ways to connect with us to switch your insurance coverage. You can switch your insurance online with chat support to help you along the way, or you can get in touch with us over the phone. Remember that if you’ve recently completed an online quote, you can retrieve it to review and then purchase your insurance. Once you have set up your new insurance, it’s your obligation to contact your previous insurer to cancel your coverage.
Can I switch my insurance online?
With TD Insurance, we offer two different ways to connect with us and switch your insurance coverage. You can switch your insurance online with chat support from a licensed TD Insurance Advisor to help you along the way, or you can get in touch with us over the phone. Remember that if you’ve recently completed an online quote, you can retrieve it to review and then purchase your insurance. Once you’ve set up your new insurance, don’t forget to contact your previous insurer to cancel your existing coverage.
Can I switch my insurance before my current insurer’s renewal date?
In most cases you can sign up for new insurance at any time, including before your renewal date with your existing insurer. If your home and car insurance currently renew on different dates, switching both at the same time means you’ll have a single renewal date for both policies.
Is there a cancellation fee for home or car insurance?
If you choose to cancel on your renewal date, there’s no penalty. However, if you chose to cancel on any other date, you may be charged an additional fee by your previous insurer for cancelling your home or car insurance early. If you plan on cancelling outside of your renewal date, it’s always a good idea to check with your current insurance company first to understand if there are any additional costs. Even if there’s a penalty it still may be worth it to cancel early, if the savings are big enough.
Did you know there are over thirty ways to save on your home and car insurance with TD Insurance? Learn how much on average other people have saved by switching to TD Insurance.
When should I cancel my old insurance policy?
Once you’ve decided to switch your insurance, cancelling your previous coverage is the very last step. You shouldn’t cancel your existing insurance coverage until your new insurance coverage is finalized. In fact, you should cancel your old policy the same day you start the new one.
Still have questions about switching your insurance?
Contact a TD Insurance Advisor. They’ll be able to help get you all the information you need to feel confident about making the switch to TD Insurance today.
* Note: You may not always be given the option to buy online. If this happens, we encourage you to call and speak to one of our licensed advisors or let us call you.
Share this article
The content on this page is for general information purposes only and does not constitute legal advice. Coverages described herein may be subject to additional eligibility criteria, limitations and exclusions. In the event you make a claim, potential indemnification is also subject to the receivability of the claim and the type of coverage you bought.
In the case of conflict between the content on this page and your policy wordings, your policy wordings shall take precedence Please speak to an Advisor or consult your policy wordings for further details.