CAA InsuranceCancellation Fee Guide
Official short rate table and cancellation fee calculator for CAA Insurance (Canadian Automobile Association) policies
CAA Insurance is the insurance division of the Canadian Automobile Association — the same organization behind CAA roadside assistance. Coverage is member-exclusive, so an active CAA membership is required to hold a policy, and membership can come with perks such as claims-forgiveness features or bundled discounts.
For early cancellations CAA uses the standard industry short rate table. There is no flat fee; CAA keeps an “earned” percentage of your premium that rises over the policy year and refunds the rest.
How CAA calculates your cancellation fee
The standard table starts by keeping 8% of your premium for a cancellation in the first three days — meaning you get a 92% refund — and rises to 100% (no refund) within about ten days of renewal. Read the row for your days in force, take the retained percentage, and subtract it from your annual premium.
On a $1,200 policy cancelled after 90 days, CAA keeps about 31% ($372), leaving an $828 refund. A pure pro rata refund would return roughly $904, so the short rate penalty here is about $76 — the few percentage points CAA keeps above a simple day-by-day split.
How to cancel your CAA Insurance policy
CAA handles cancellations by phone. Because coverage is tied to your membership, have both your policy number and CAA member ID ready, and ask whether a retention offer is available before you finalize.
- 1Call CAA Insurance at 1-800-222-4357
- 2Have policy number and CAA member ID ready
- 3Request a cancellation quote first
- 4Specify your desired cancellation date
- 5Ask about member retention offers
Refund processing: 7-14 business days. Pre-authorized payment: 1-2 billing cycles. Cheque by mail: 2-4 weeks.
Enter your premium to see dollar amounts below
CAA Insurance Short Rate Summary
Refund at key cancellation points, based on a $1200 annual premium
| Days in Force | Earned % | Amount Earned | Refund |
|---|---|---|---|
| 14 days | 11% | $132.00 | $1,068.00 |
| 30 days | 15% | $180.00 | $1,020.00 |
| 60 days | 23% | $276.00 | $924.00 |
| 90 days | 31% | $372.00 | $828.00 |
| 120 days | 39% | $468.00 | $732.00 |
| 180 days | 54% | $648.00 | $552.00 |
| 270 days | 78% | $936.00 | $264.00 |
| 330 days | 93% | $1,116.00 | $84.00 |
How CAA compares
CAA runs on the standard industry short-rate schedule, so the penalty percentages hold no surprises — you can see the full day-by-day curve on our short rate table.
What sets CAA apart is the membership layer. Coverage is tied to an active CAA membership, and long-standing members are sometimes offered retention pricing — so before you cancel, ask whether a loyalty or retention offer changes the math on whether to leave at all. Letting your membership lapse can also affect the policy, so settle your insurance first.
Tips to minimize penalties
- • Keep your membership active — cancelling your CAA membership may also affect your insurance policy.
- • Ask about member benefits — long-standing members may qualify for special retention offers or pro-rata cancellation.
- • Switch within CAA — changing to a different CAA product may avoid the short rate penalty entirely.
Frequently Asked Questions
How much is the CAA Insurance cancellation fee?
CAA does not charge a flat fee — the cost is built into a short rate refund. On a $1,200 annual policy cancelled after 90 days, CAA keeps about 31% ($372) and refunds $828. A pro rata refund would return roughly $904, so the short rate penalty in this example is about $76.
Does CAA Insurance charge a separate cancellation fee?
No. CAA does not add a standalone administrative fee; the penalty is built into the standard short rate calculation. CAA members may also have access to retention offers — it is worth asking before you cancel.
How do I calculate my CAA Insurance refund?
Find the number of days your policy was active, look up the retained ("earned") percentage in the short rate table, multiply your annual premium by that percentage to get the earned premium, then subtract it from your total premium. The remainder is your refund.
How do I cancel my CAA Insurance policy?
Call CAA Insurance at 1-800-222-4357 with your policy number and CAA member ID ready. Ask for a cancellation quote, specify your effective date, and ask whether any member retention offer applies before you confirm.
Does cancelling my CAA membership affect my policy?
It can. CAA Insurance is member-exclusive, so allowing your CAA membership to lapse may affect your eligibility to hold the policy. Keep your membership active until your insurance arrangements are settled.
Sources & Verification
- ·Standard Canadian short rate cancellation table, which CAA Insurance uses for early cancellations.
- ·CAA Insurance service line (1-800-222-4357) for current cancellation procedures and member terms.
- ·Reviewed by the CostExpert editorial team. Figures are estimates — confirm your exact refund with CAA before cancelling.
Reviewed by CostExpert Editorial Team · Last verified June 2026
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