Echelon Insurance Cancellation Fee Guide 2025
Echelon Insurance is a specialty insurer focused on non-standard auto insurance and commercial lines. As a broker-distributed company, Echelon provides coverage for high-risk drivers and unique situations that standard insurers may decline.
About Echelon Insurance
Echelon Insurance, a subsidiary of CAA Club Group, specializes in non-standard automobile and commercial insurance products. They serve drivers who may have difficulty obtaining coverage through traditional insurers due to factors like driving record, vehicle type, or coverage gaps. Echelon operates exclusively through independent insurance brokers across Canada.
What makes Echelon unique is their willingness to underwrite risks that other companies won't touch. This includes drivers with multiple at-fault accidents, those with license suspensions in their history, or individuals who need coverage for modified or specialty vehicles. However, this specialty focus also means premiums tend to be higher than standard market rates.
Who Echelon Insures
Echelon specializes in coverage for drivers who may be considered high-risk:
- • Drivers with at-fault accidents
- • Multiple traffic violations
- • Recent license reinstatement
- • Lapsed insurance history
- • New drivers with limited experience
- • Modified or specialty vehicles
- • Commercial vehicle operators
- • Imported or grey market vehicles
How to Cancel Echelon Insurance
- 1.Contact your insurance broker (required)
- 2.Your broker will initiate the cancellation
- 3.Provide your policy number and reason
- 4.Get a cancellation quote showing penalty
- 5.Confirm in writing through your broker
Note: You cannot cancel directly with Echelon - all requests must go through your broker.
Echelon Refund Timeline
- Processing: 14-21 business days
- Refund sent to broker first
- Broker forwards to you: additional 5-7 days
- Total time: 3-4 weeks typical
Important Considerations for High-Risk Drivers
- • Limited alternatives: Before cancelling, ensure you have replacement coverage - high-risk drivers may have few options
- • Higher premiums mean larger penalties: Short rate penalties are percentage-based, so higher premiums = higher dollar penalties
- • Coverage gap risks: Driving without insurance is illegal and can reset your "clean" driving record timer
- • Work with your broker: Your broker can shop for alternatives before you cancel
- • Building your record: Time with continuous coverage helps improve your insurability for standard markets
Pro-Rata Cancellation Eligibility
Echelon may waive short rate penalties and provide a pro-rata refund in these situations:
- • Vehicle sold or ownership transferred
- • Vehicle declared a total loss
- • Policy cancelled by Echelon (non-payment, underwriting reasons)
- • Death of the named insured
- • Moving outside Canada
Ask your broker to request pro-rata treatment if any of these situations apply to you.
Echelon InsuranceShort Rate Table
Official short rate cancellation table for Echelon Insurance insurance policies in Canada
Calculate Your Refund
Echelon 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 Echelon 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
Echelon Insurance may offer pro-rata (no penalty) cancellation for:
- • Switching to another Echelon Insurance policy
- • Vehicle sold with proof of sale
- • Moving out of coverage area
- • Total loss claims
Ready to Calculate Your Exact Echelon Insurance Refund?
Use our calculator with your specific policy dates for an accurate refund estimate
Understanding Echelon Insurance Short Rate Cancellations
When you cancel your Echelon Insurance insurance policy before its expiration date, the company uses this short rate table to calculate your refund. The short rate method ensures Echelon 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 Echelon Insurance keeps. The remaining percentage is your refund, minus any outstanding amounts.
Tips for Cancelling Echelon 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: Echelon Insurance may waive penalties for certain situations like financial hardship or if you are switching to another Echelon Insurance product.
- Get it in writing: Always request written confirmation of your cancellation date and refund amount.
Understanding High-Risk Insurance Cancellation
If you're insured with Echelon, you're likely in what the industry calls the "non-standard" or "high-risk" market. This means cancellation decisions carry extra weight because finding replacement coverage can be challenging and expensive.
Before cancelling your Echelon policy, consider these factors: First, have your broker shop for alternatives to ensure you can get coverage elsewhere. Second, calculate the true cost of cancellation including penalties and potential rate increases with a new insurer. Third, understand that any gap in coverage could further impact your insurability.
Many drivers in the high-risk market eventually "graduate" to standard insurers after maintaining continuous coverage with a clean driving record for 3-6 years. Cancelling prematurely could reset this clock and extend your time paying higher premiums.
Why Broker Involvement is Required
Unlike direct insurers like TD or CAA, Echelon operates exclusively through the broker channel. This means:
- • All policy changes, including cancellations, must go through your broker
- • Your broker can advocate on your behalf for better cancellation terms
- • Brokers can help you find alternative coverage before cancelling
- • Refunds are processed through your broker, adding time to the process
Need help with a different insurer? Try our universal calculator or compare rates below.
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