Travelers Dominion InsuranceCancellation Fee Guide
Official short rate table and cancellation fee calculator for Travelers (Dominion of Canada General Insurance) policies
The Dominion of Canada General Insurance Company operates under the Travelers brand — Travelers is one of the largest property-casualty insurers in North America and Canada's largest surety bond underwriter. Dominion/Travelers policies are sold through independent brokers, so your broker is normally your first point of contact for a cancellation.
For early cancellations Travelers Dominion uses the standard industry short rate table. There is no separate fee; it keeps an “earned” percentage of your premium that rises over the policy year and refunds the rest.
How Travelers Dominion calculates your cancellation fee
The standard table keeps 8% of your premium in the first three days and rises toward 100% near renewal. Find the row matching your days in force, take the retained percentage, and subtract it from your annual premium.
By the halfway point of the year the short rate penalty has already shrunk. On a $1,200 policy cancelled after 180 days, Travelers keeps about 54% ($648), leaving a $552 refund — only about $56 less than a pure pro rata refund of $608. The closer you get to renewal, the smaller the penalty becomes, which is why timing your cancellation matters.
How to cancel your Travelers Dominion policy
Start with the broker who arranged your policy, or contact Travelers Canada directly. Ask for a cancellation quote and, because the mid-to-late-term penalty is modest, weigh it against simply letting the policy run to renewal.
- 1Contact your insurance broker first
- 2Or call Travelers Canada at 1-866-283-9210
- 3Have your policy number ready
- 4Request a cancellation quote first
- 5Specify your desired cancellation date
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
Travelers Dominion 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 Travelers Dominion compares
Travelers Dominion follows the standard industry short-rate schedule on our short rate table, so its percentages are identical to other standard-table insurers.
The practical lever is timing. The short-rate penalty is steepest early in the term and shrinks as you approach renewal, so if you can wait until later in the policy year — or line up a replacement and switch on the renewal date — you keep more of your premium. A broker can time the change so you avoid both a coverage gap and an unnecessarily early penalty.
Tips to minimize penalties
- • Use your broker — they can negotiate better cancellation terms and find replacement coverage from their portfolio.
- • Timing matters — short rate penalties decrease as you approach renewal. Use our calculator to find the optimal time.
- • Check multi-policy discounts — cancelling one policy may affect discounts on other Travelers Dominion policies.
Frequently Asked Questions
How much is the Travelers Dominion Insurance cancellation fee?
Travelers Dominion uses the standard short rate table rather than a flat fee. On a $1,200 policy cancelled after 180 days, it keeps about 54% ($648) and refunds $552. A pro rata refund would return roughly $608, so the short rate penalty in this example is only about $56 — by mid-term the penalty has shrunk considerably.
Does Travelers Dominion charge a separate cancellation fee?
No. There is no standalone administrative fee; the penalty is built into the standard short rate calculation. As a broker-distributed insurer, your broker can help facilitate the cancellation and explain the figure.
How do I cancel my Travelers Dominion policy?
Contact your insurance broker first, or call Travelers Canada directly at 1-866-283-9210. Have your policy number ready, request a cancellation quote, and specify your desired cancellation date before confirming.
Is Dominion Insurance the same as Travelers?
Yes. The Dominion of Canada General Insurance Company operates under the Travelers brand. Travelers is one of the largest property-casualty insurers in North America and the largest surety bond writer in Canada.
How long does a Travelers Dominion refund take?
Refunds are typically processed within 7-14 business days. Pre-authorized payments may take 1-2 billing cycles, and a cheque by mail can take 2-4 weeks.
Sources & Verification
- ·Standard Canadian short rate cancellation table, which Travelers Dominion uses for early cancellations.
- ·Travelers Canada service line (1-866-283-9210) and broker channel for current cancellation procedures.
- ·Reviewed by the CostExpert editorial team. Figures are estimates — confirm your exact refund with Travelers or your broker before cancelling.
Reviewed by CostExpert Editorial Team · Last verified June 2026
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