How can you cancel your delivery van insurance?
You take out delivery van insurance for a period of one year. After that year, you can cancel your delivery van insurance at any time. How do you cancel your delivery van insurance?
An insurance policy is a contract you enter into with the insurer for a period of one year. After this year, the policy continues, but you can then cancel it at any time. Insurers may impose a one-month waiting period. We’d be happy to explain how to cancel your delivery van insurance.
Cancel your delivery van insurance online
You can cancel an insurance policy online. You can easily cancel an insurance policy through our website.
Be sure to arrange for replacement insurance
A delivery van registered in your name must be insured and remain insured. On the date your current delivery van insurance expires, replacement insurance must take effect. Even if you are temporarily not using the delivery van, the vehicle must remain insured. You can be exempt from this requirement, but only if the license plate is suspended with the RDW. Only when the license plate is no longer registered in your name does the insurance requirement expire.
Termination with a Certificate of Indemnification
During the first year of coverage, you can cancel your delivery van insurance if you sell the van. The insurer may request a certificate of release. This is a document showing that the license plate is no longer registered in your name or in the name of your business. You are, as it were, released from the obligation to insure that license plate. The insurer may request a certificate of release as proof that the insurance obligation has expired.
Suspending your delivery van insurance is also an option
In addition to canceling the insurance, you can also choose to suspend your delivery van insurance. In that case, the insurance is temporarily suspended. The advantage of this is that you can reactivate the insurance as soon as you register a new delivery van in your name. In practice, however, the benefit of this is somewhat limited. After all, it remains to be seen whether your current insurance policy is actually the best choice for your next delivery van. It’s still a matter of comparing options. You might be better off with a different insurer for your new vehicle.
See also
Never Underinsured
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