CAA Insurance Cancellation Fee Guide 2025
CAA Insurance is the insurance division of the Canadian Automobile Association, serving millions of members across Canada with member-exclusive insurance products. As a membership-based insurer, CAA offers unique benefits and discounts to their members.
About CAA Insurance
Founded in 1903, the Canadian Automobile Association has evolved from a roadside assistance provider into a comprehensive insurance company. CAA Insurance operates as a member-focused insurer, offering auto, home, travel, and life insurance products exclusively to CAA members. This membership model allows them to offer competitive rates and exclusive discounts that non-members cannot access.
One of the key advantages of CAA Insurance is the integration with CAA membership benefits. Members often receive premium discounts, and CAA Insurance policyholders may be eligible for enhanced roadside assistance coverage. However, when it comes to cancellation, CAA follows industry-standard short rate practices.
How to Cancel CAA Insurance
- 1.Call CAA Insurance at 1-800-222-4357
- 2.Have your policy number and CAA member ID ready
- 3.Request a cancellation quote before confirming
- 4.Specify your desired cancellation date
- 5.Ask about member retention offers or pro-rata options
CAA Insurance Refund Timeline
- Processing time: 7-14 business days
- Refund to original payment method
- Pre-authorized payment: 1-2 billing cycles
- Cheque by mail: 2-4 weeks
CAA Member Tips for Cancellation
- • Keep your membership active: CAA Insurance requires active CAA membership - cancelling your membership may affect your policy
- • Ask about member benefits: As a member, you may qualify for special retention offers or pro-rata cancellation
- • Bundle consideration: If you have multiple CAA policies, check how cancelling one affects your multi-policy discount
- • Timing matters: Short rate penalties decrease as you approach renewal - use our calculator to find the best time
- • Consider switching within CAA: Changing to a different CAA product may avoid cancellation penalties entirely
CAA Membership & Insurance Connection
Unlike most insurers, CAA Insurance is tied to your CAA membership. Here's what you need to know:
- • Your CAA membership must remain active to keep your insurance policy
- • Member discounts are applied automatically to your premium
- • Long-standing members may have better negotiating power for cancellation terms
- • Roadside assistance and insurance claims are handled by different departments
CAA InsuranceShort Rate Table
Official short rate cancellation table for CAA Insurance insurance policies in Canada
Calculate Your Refund
CAA Insurance Short Rate Schedule
Showing refund calculations based on $1200 annual premium
| Days in Force | Premium Earned % | Amount Earned | Refund Amount | vs Pro Rata |
|---|---|---|---|---|
| 1-3 days | 8% | $96.00 | $1,104.00 | -$89.42 (7.5%) |
| 4-7 days | 9% | $108.00 | $1,092.00 | -$89.92 (7.5%) |
| 8-11 days | 10% | $120.00 | $1,080.00 | -$88.77 (7.4%) |
| 12-15 days | 11% | $132.00 | $1,068.00 | -$87.62 (7.3%) |
| 16-19 days | 12% | $144.00 | $1,056.00 | -$86.47 (7.2%) |
| 20-23 days | 13% | $156.00 | $1,044.00 | -$85.32 (7.1%) |
| 24-26 days | 14% | $168.00 | $1,032.00 | -$85.81 (7.2%) |
| 27-30 days | 15% | $180.00 | $1,020.00 | -$86.30 (7.2%) |
| 31-34 days | 16% | $192.00 | $1,008.00 | -$85.15 (7.1%) |
| 35-38 days | 17% | $204.00 | $996.00 | -$84.00 (7.0%) |
| 39-42 days | 18% | $216.00 | $984.00 | -$82.85 (6.9%) |
| 43-46 days | 19% | $228.00 | $972.00 | -$81.70 (6.8%) |
| 47-49 days | 20% | $240.00 | $960.00 | -$82.19 (6.8%) |
| 50-53 days | 21% | $252.00 | $948.00 | -$82.68 (6.9%) |
| 54-57 days | 22% | $264.00 | $936.00 | -$81.53 (6.8%) |
| 58-61 days | 23% | $276.00 | $924.00 | -$80.38 (6.7%) |
| 62-65 days | 24% | $288.00 | $912.00 | -$79.23 (6.6%) |
| 66-69 days | 25% | $300.00 | $900.00 | -$78.08 (6.5%) |
| 70-73 days | 26% | $312.00 | $888.00 | -$76.93 (6.4%) |
| 74-76 days | 27% | $324.00 | $876.00 | -$77.42 (6.5%) |
| 77-80 days | 28% | $336.00 | $864.00 | -$77.92 (6.5%) |
| 81-84 days | 29% | $348.00 | $852.00 | -$76.77 (6.4%) |
| 85-88 days | 30% | $360.00 | $840.00 | -$75.62 (6.3%) |
| 89-92 days | 31% | $372.00 | $828.00 | -$74.47 (6.2%) |
| 93-96 days | 32% | $384.00 | $816.00 | -$73.32 (6.1%) |
| 97-99 days | 33% | $396.00 | $804.00 | -$73.81 (6.2%) |
| 100-103 days | 34% | $408.00 | $792.00 | -$74.30 (6.2%) |
| 104-107 days | 35% | $420.00 | $780.00 | -$73.15 (6.1%) |
| 108-111 days | 36% | $432.00 | $768.00 | -$72.00 (6.0%) |
| 112-115 days | 37% | $444.00 | $756.00 | -$70.85 (5.9%) |
| 116-119 days | 38% | $456.00 | $744.00 | -$69.70 (5.8%) |
| 120-122 days | 39% | $468.00 | $732.00 | -$70.19 (5.8%) |
| 123-126 days | 40% | $480.00 | $720.00 | -$70.68 (5.9%) |
| 127-130 days | 41% | $492.00 | $708.00 | -$69.53 (5.8%) |
| 131-134 days | 42% | $504.00 | $696.00 | -$68.38 (5.7%) |
| 135-138 days | 43% | $516.00 | $684.00 | -$67.23 (5.6%) |
| 139-142 days | 44% | $528.00 | $672.00 | -$66.08 (5.5%) |
| 143-146 days | 45% | $540.00 | $660.00 | -$64.93 (5.4%) |
| 147-149 days | 46% | $552.00 | $648.00 | -$65.42 (5.5%) |
| 150-153 days | 47% | $564.00 | $636.00 | -$65.92 (5.5%) |
| 154-157 days | 48% | $576.00 | $624.00 | -$64.77 (5.4%) |
| 158-161 days | 49% | $588.00 | $612.00 | -$63.62 (5.3%) |
| 162-165 days | 50% | $600.00 | $600.00 | -$62.47 (5.2%) |
| 166-169 days | 51% | $612.00 | $588.00 | -$61.32 (5.1%) |
| 170-172 days | 52% | $624.00 | $576.00 | -$61.81 (5.2%) |
| 173-176 days | 53% | $636.00 | $564.00 | -$62.30 (5.2%) |
| 177-180 days | 54% | $648.00 | $552.00 | -$61.15 (5.1%) |
| 181-184 days | 55% | $660.00 | $540.00 | -$60.00 (5.0%) |
| 185-188 days | 56% | $672.00 | $528.00 | -$58.85 (4.9%) |
| 189-192 days | 57% | $684.00 | $516.00 | -$57.70 (4.8%) |
| 193-195 days | 58% | $696.00 | $504.00 | -$58.19 (4.8%) |
| 196-199 days | 59% | $708.00 | $492.00 | -$58.68 (4.9%) |
| 200-203 days | 60% | $720.00 | $480.00 | -$57.53 (4.8%) |
| 204-207 days | 61% | $732.00 | $468.00 | -$56.38 (4.7%) |
| 208-211 days | 62% | $744.00 | $456.00 | -$55.23 (4.6%) |
| 212-215 days | 63% | $756.00 | $444.00 | -$54.08 (4.5%) |
| 216-219 days | 64% | $768.00 | $432.00 | -$52.93 (4.4%) |
| 220-222 days | 65% | $780.00 | $420.00 | -$53.42 (4.5%) |
| 223-226 days | 66% | $792.00 | $408.00 | -$53.92 (4.5%) |
| 227-230 days | 67% | $804.00 | $396.00 | -$52.77 (4.4%) |
| 231-234 days | 68% | $816.00 | $384.00 | -$51.62 (4.3%) |
| 235-238 days | 69% | $828.00 | $372.00 | -$50.47 (4.2%) |
| 239-242 days | 70% | $840.00 | $360.00 | -$49.32 (4.1%) |
| 243-245 days | 71% | $852.00 | $348.00 | -$49.81 (4.2%) |
| 246-249 days | 72% | $864.00 | $336.00 | -$50.30 (4.2%) |
| 250-253 days | 73% | $876.00 | $324.00 | -$49.15 (4.1%) |
| 254-257 days | 74% | $888.00 | $312.00 | -$48.00 (4.0%) |
| 258-261 days | 75% | $900.00 | $300.00 | -$46.85 (3.9%) |
| 262-265 days | 76% | $912.00 | $288.00 | -$45.70 (3.8%) |
| 266-268 days | 77% | $924.00 | $276.00 | -$46.19 (3.8%) |
| 269-272 days | 78% | $936.00 | $264.00 | -$46.68 (3.9%) |
| 273-276 days | 79% | $948.00 | $252.00 | -$45.53 (3.8%) |
| 277-280 days | 80% | $960.00 | $240.00 | -$44.38 (3.7%) |
| 281-284 days | 81% | $972.00 | $228.00 | -$43.23 (3.6%) |
| 285-288 days | 82% | $984.00 | $216.00 | -$42.08 (3.5%) |
| 289-292 days | 83% | $996.00 | $204.00 | -$40.93 (3.4%) |
| 293-296 days | 84% | $1,008.00 | $192.00 | -$39.78 (3.3%) |
| 297-299 days | 85% | $1,020.00 | $180.00 | -$40.27 (3.4%) |
| 300-303 days | 86% | $1,032.00 | $168.00 | -$40.77 (3.4%) |
| 304-307 days | 87% | $1,044.00 | $156.00 | -$39.62 (3.3%) |
| 308-311 days | 88% | $1,056.00 | $144.00 | -$38.47 (3.2%) |
| 312-315 days | 89% | $1,068.00 | $132.00 | -$37.32 (3.1%) |
| 316-318 days | 90% | $1,080.00 | $120.00 | -$37.81 (3.2%) |
| 319-322 days | 91% | $1,092.00 | $108.00 | -$38.30 (3.2%) |
| 323-326 days | 92% | $1,104.00 | $96.00 | -$37.15 (3.1%) |
| 327-330 days | 93% | $1,116.00 | $84.00 | -$36.00 (3.0%) |
| 331-334 days | 94% | $1,128.00 | $72.00 | -$34.85 (2.9%) |
| 335-338 days | 95% | $1,140.00 | $60.00 | -$33.70 (2.8%) |
| 339-341 days | 96% | $1,152.00 | $48.00 | -$34.19 (2.8%) |
| 342-345 days | 97% | $1,164.00 | $36.00 | -$34.68 (2.9%) |
| 346-349 days | 98% | $1,176.00 | $24.00 | -$33.53 (2.8%) |
| 350-353 days | 99% | $1,188.00 | $12.00 | -$32.38 (2.7%) |
| 354-365 days | 100% | $1,200.00 | $0.00 | -$18.08 (1.5%) |
About CAA Insurance Cancellations
- • Minimum premium retained: varies by policy
- • Processing time: 2-4 weeks for refund
- • Method: Cheque or original payment method
- • Required: Written cancellation request
Pro Rata Exceptions
CAA Insurance may offer pro-rata (no penalty) cancellation for:
- • Switching to another CAA Insurance policy
- • Vehicle sold with proof of sale
- • Moving out of coverage area
- • Total loss claims
Ready to Calculate Your Exact CAA Insurance Refund?
Use our calculator with your specific policy dates for an accurate refund estimate
Understanding CAA Insurance Short Rate Cancellations
When you cancel your CAA Insurance insurance policy before its expiration date, the company uses this short rate table to calculate your refund. The short rate method ensures CAA Insurance retains enough premium to cover administrative costs and the risk they assumed while your policy was active.
How to Read This Table
Find the number of days your policy was active in the first column. The "Premium Earned %" shows how much of your annual premium CAA Insurance keeps. The remaining percentage is your refund, minus any outstanding amounts.
Tips for Cancelling CAA Insurance Insurance
- Time it right: The penalty percentage increases significantly in the first few months. If possible, wait until closer to renewal.
- Ask about exceptions: CAA Insurance may waive penalties for certain situations like financial hardship or if you are switching to another CAA Insurance product.
- Get it in writing: Always request written confirmation of your cancellation date and refund amount.
Understanding CAA's Member-Based Insurance Model
CAA Insurance operates differently from traditional insurers because of its membership model. When you become a CAA member, you gain access to exclusive insurance products that are not available to the general public. This exclusivity often translates to better rates, but it also means you're tied to maintaining your CAA membership.
The short rate cancellation penalties at CAA are similar to other major insurers. However, CAA's member-focused approach means you may have more options when it comes to avoiding or reducing these penalties. Long-term members in good standing may find CAA more willing to offer pro-rata cancellations or other accommodations.
If you're considering cancelling your CAA Insurance policy, it's worth having a conversation with a CAA representative about your options. Mention your membership tenure and any other CAA products you use - this information may help you negotiate better cancellation terms.
Need help with a different insurer? Try our universal calculator or compare rates below.
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