Kanetix Forum

If I cancel my motorcycle insurance policy over the winter, how much money can I save?

Cancelling your motorcycle policy at the end of the riding season will not save you money!

Motorcycle insurance, in Canada, is seasonal and the premiums are seasonally adjusted. If you cancel the insurance for the winter you will not get any premium refunded.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.