Intact Insurance Cancellation Fee Guide 2025
Intact Financial Corporation is Canada's largest property and casualty (P&C) insurer, offering auto, home, and business insurance through multiple channels including direct sales, brokers, and their subsidiary brands.
About Intact Insurance
Intact Insurance is the flagship brand of Intact Financial Corporation, Canada's largest property and casualty insurer with over 5 million customers. The company offers a comprehensive range of insurance products including auto, home, pet, travel, and business insurance across all Canadian provinces and territories.
Intact operates through multiple distribution channels: direct-to-consumer through their call centers and online platforms, as well as through a network of over 2,500 independent brokers. They also own belairdirect (Quebec's leading direct insurer) and BrokerLink (one of Canada's largest insurance brokerages).
How to Cancel Intact Insurance
- 1.Call Intact Insurance at 1-866-464-2424
- 2.Or contact your insurance broker if applicable
- 3.Have your policy number ready
- 4.Request a cancellation quote before confirming
- 5.Specify your desired cancellation date
Intact Insurance Refund Timeline
- Processing time: 5-10 business days
- Refund to original payment method
- Pre-authorized payment: 1-2 billing cycles
- Cheque by mail: 2-3 weeks
Tips for Cancelling Intact Insurance
- • Check your channel: If you bought through a broker, contact them first - they may offer alternatives
- • Review your discounts: Cancelling one policy may affect multi-line discounts on other Intact policies
- • Timing matters: Short rate penalties decrease as you approach renewal - use our calculator to find the optimal time
- • Ensure continuous coverage: Have new coverage in place before cancelling to avoid a lapse
- • Get documentation: Request written confirmation of your cancellation date and expected refund amount
Intact Coverage Areas
Intact Insurance operates across all Canadian provinces and territories:
- • Ontario & Quebec: Largest market presence with direct and broker channels
- • Western Canada: Full coverage in BC, Alberta, Saskatchewan, and Manitoba
- • Atlantic Canada: Coverage in all Atlantic provinces
- • Multiple brands: Also operates belairdirect (Quebec) and BrokerLink (nationwide)
Intact InsuranceShort Rate Table
Official short rate cancellation table for Intact Insurance insurance policies in Canada
Calculate Your Refund
Intact Insurance Short Rate Schedule
Showing refund calculations based on $1200 annual premium
| Days in Force | Premium Earned % | Amount Earned | Refund Amount | vs Pro Rata |
|---|---|---|---|---|
| 1-4 days | 12% | $144.00 | $1,056.00 | -$135.78 (11.3%) |
| 5-8 days | 13% | $156.00 | $1,044.00 | -$134.63 (11.2%) |
| 9-13 days | 14% | $168.00 | $1,032.00 | -$131.84 (11.0%) |
| 14-17 days | 15% | $180.00 | $1,020.00 | -$129.04 (10.8%) |
| 18-21 days | 16% | $192.00 | $1,008.00 | -$127.89 (10.7%) |
| 22-25 days | 17% | $204.00 | $996.00 | -$126.74 (10.6%) |
| 26-29 days | 18% | $216.00 | $984.00 | -$125.59 (10.5%) |
| 30-33 days | 19% | $228.00 | $972.00 | -$124.44 (10.4%) |
| 34-37 days | 20% | $240.00 | $960.00 | -$123.29 (10.3%) |
| 38-41 days | 21% | $252.00 | $948.00 | -$122.14 (10.2%) |
| 42-45 days | 22% | $264.00 | $936.00 | -$120.99 (10.1%) |
| 46-49 days | 23% | $276.00 | $924.00 | -$119.84 (10.0%) |
| 50-53 days | 24% | $288.00 | $912.00 | -$118.68 (9.9%) |
| 54-57 days | 25% | $300.00 | $900.00 | -$117.53 (9.8%) |
| 58-61 days | 26% | $312.00 | $888.00 | -$116.38 (9.7%) |
| 62-65 days | 27% | $324.00 | $876.00 | -$115.23 (9.6%) |
| 66-69 days | 28% | $336.00 | $864.00 | -$114.08 (9.5%) |
| 70-73 days | 29% | $348.00 | $852.00 | -$112.93 (9.4%) |
| 74-77 days | 30% | $360.00 | $840.00 | -$111.78 (9.3%) |
| 78-81 days | 31% | $372.00 | $828.00 | -$110.63 (9.2%) |
| 82-85 days | 32% | $384.00 | $816.00 | -$109.48 (9.1%) |
| 86-89 days | 33% | $396.00 | $804.00 | -$108.33 (9.0%) |
| 90-93 days | 34% | $408.00 | $792.00 | -$107.18 (8.9%) |
| 94-97 days | 35% | $420.00 | $780.00 | -$106.03 (8.8%) |
| 98-101 days | 36% | $432.00 | $768.00 | -$104.88 (8.7%) |
| 102-105 days | 37% | $444.00 | $756.00 | -$103.73 (8.6%) |
| 106-109 days | 38% | $456.00 | $744.00 | -$102.58 (8.5%) |
| 110-113 days | 39% | $468.00 | $732.00 | -$101.42 (8.5%) |
| 114-117 days | 40% | $480.00 | $720.00 | -$100.27 (8.4%) |
| 118-121 days | 41% | $492.00 | $708.00 | -$99.12 (8.3%) |
| 122-125 days | 42% | $504.00 | $696.00 | -$97.97 (8.2%) |
| 126-129 days | 43% | $516.00 | $684.00 | -$96.82 (8.1%) |
| 130-133 days | 44% | $528.00 | $672.00 | -$95.67 (8.0%) |
| 134-137 days | 45% | $540.00 | $660.00 | -$94.52 (7.9%) |
| 138-141 days | 46% | $552.00 | $648.00 | -$93.37 (7.8%) |
| 142-145 days | 47% | $564.00 | $636.00 | -$92.22 (7.7%) |
| 146-149 days | 48% | $576.00 | $624.00 | -$91.07 (7.6%) |
| 150-153 days | 49% | $588.00 | $612.00 | -$89.92 (7.5%) |
| 154-157 days | 50% | $600.00 | $600.00 | -$88.77 (7.4%) |
| 158-161 days | 51% | $612.00 | $588.00 | -$87.62 (7.3%) |
| 162-165 days | 52% | $624.00 | $576.00 | -$86.47 (7.2%) |
| 166-169 days | 53% | $636.00 | $564.00 | -$85.32 (7.1%) |
| 170-173 days | 54% | $648.00 | $552.00 | -$84.16 (7.0%) |
| 174-177 days | 55% | $660.00 | $540.00 | -$83.01 (6.9%) |
| 178-181 days | 56% | $672.00 | $528.00 | -$81.86 (6.8%) |
| 182-185 days | 57% | $684.00 | $516.00 | -$80.71 (6.7%) |
| 186-189 days | 58% | $696.00 | $504.00 | -$79.56 (6.6%) |
| 190-193 days | 59% | $708.00 | $492.00 | -$78.41 (6.5%) |
| 194-197 days | 60% | $720.00 | $480.00 | -$77.26 (6.4%) |
| 198-201 days | 61% | $732.00 | $468.00 | -$76.11 (6.3%) |
| 202-205 days | 62% | $744.00 | $456.00 | -$74.96 (6.2%) |
| 206-209 days | 63% | $756.00 | $444.00 | -$73.81 (6.2%) |
| 210-213 days | 64% | $768.00 | $432.00 | -$72.66 (6.1%) |
| 214-217 days | 65% | $780.00 | $420.00 | -$71.51 (6.0%) |
| 218-221 days | 66% | $792.00 | $408.00 | -$70.36 (5.9%) |
| 222-225 days | 67% | $804.00 | $396.00 | -$69.21 (5.8%) |
| 226-229 days | 68% | $816.00 | $384.00 | -$68.05 (5.7%) |
| 230-233 days | 69% | $828.00 | $372.00 | -$66.90 (5.6%) |
| 234-237 days | 70% | $840.00 | $360.00 | -$65.75 (5.5%) |
| 238-242 days | 71% | $852.00 | $348.00 | -$62.96 (5.2%) |
| 243-245 days | 72% | $864.00 | $336.00 | -$61.81 (5.2%) |
| 246-249 days | 73% | $876.00 | $324.00 | -$62.30 (5.2%) |
| 250-253 days | 74% | $888.00 | $312.00 | -$61.15 (5.1%) |
| 254-257 days | 75% | $900.00 | $300.00 | -$60.00 (5.0%) |
| 258-261 days | 76% | $912.00 | $288.00 | -$58.85 (4.9%) |
| 262-265 days | 77% | $924.00 | $276.00 | -$57.70 (4.8%) |
| 266-269 days | 78% | $936.00 | $264.00 | -$56.55 (4.7%) |
| 270-273 days | 79% | $948.00 | $252.00 | -$55.40 (4.6%) |
| 274-277 days | 80% | $960.00 | $240.00 | -$54.25 (4.5%) |
| 278-281 days | 81% | $972.00 | $228.00 | -$53.10 (4.4%) |
| 282-285 days | 82% | $984.00 | $216.00 | -$51.95 (4.3%) |
| 286-289 days | 83% | $996.00 | $204.00 | -$50.79 (4.2%) |
| 290-294 days | 84% | $1,008.00 | $192.00 | -$48.00 (4.0%) |
| 295-297 days | 85% | $1,020.00 | $180.00 | -$46.85 (3.9%) |
| 298-301 days | 86% | $1,032.00 | $168.00 | -$47.34 (3.9%) |
| 302-305 days | 87% | $1,044.00 | $156.00 | -$46.19 (3.8%) |
| 306-309 days | 88% | $1,056.00 | $144.00 | -$45.04 (3.8%) |
| 310-313 days | 89% | $1,068.00 | $132.00 | -$43.89 (3.7%) |
| 314-317 days | 90% | $1,080.00 | $120.00 | -$42.74 (3.6%) |
| 318-321 days | 91% | $1,092.00 | $108.00 | -$41.59 (3.5%) |
| 322-325 days | 92% | $1,104.00 | $96.00 | -$40.44 (3.4%) |
| 326-329 days | 93% | $1,116.00 | $84.00 | -$39.29 (3.3%) |
| 330-333 days | 94% | $1,128.00 | $72.00 | -$38.14 (3.2%) |
| 334-337 days | 95% | $1,140.00 | $60.00 | -$36.99 (3.1%) |
| 338-341 days | 96% | $1,152.00 | $48.00 | -$35.84 (3.0%) |
| 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%) |
| 350-352 days | 99% | $1,188.00 | $12.00 | -$34.03 (2.8%) |
| 353-365 days | 100% | $1,200.00 | $0.00 | -$19.73 (1.6%) |
About Intact 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
Intact Insurance may offer pro-rata (no penalty) cancellation for:
- • Switching to another Intact Insurance policy
- • Vehicle sold with proof of sale
- • Moving out of coverage area
- • Total loss claims
Ready to Calculate Your Exact Intact Insurance Refund?
Use our calculator with your specific policy dates for an accurate refund estimate
Understanding Intact Insurance Short Rate Cancellations
When you cancel your Intact Insurance insurance policy before its expiration date, the company uses this short rate table to calculate your refund. The short rate method ensures Intact 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 Intact Insurance keeps. The remaining percentage is your refund, minus any outstanding amounts.
Tips for Cancelling Intact 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: Intact Insurance may waive penalties for certain situations like financial hardship or if you are switching to another Intact Insurance product.
- Get it in writing: Always request written confirmation of your cancellation date and refund amount.
Understanding Intact's Short Rate Table
Intact Insurance uses a unique short rate cancellation table that starts at 12% retained premium for cancellations within the first 4 days. This is higher than the industry-standard 8%, meaning you'll receive a slightly smaller refund for early cancellations compared to some other insurers.
The table follows a roughly linear progression, with the retained percentage increasing by about 1% every 4 days. This makes the calculation relatively predictable. If you've been insured for about half the policy term (around 180 days), Intact will retain approximately 56% of your premium.
As Canada's largest P&C insurer, Intact processes thousands of cancellations efficiently. Their customer service team can provide exact cancellation quotes over the phone, helping you understand the financial impact before making a final decision.
Need help with a different insurer? Try our universal calculator or compare rates below.
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