Can I Transfer My Car Insurance?

3 minutes can save you hundreds. Enter your postal code below and join thousands of Canadians saving on insurance.

Secure. No Spam. No Fees.

Why You Can Trust MyChoice

MyChoice serves as an independent intermediary between you, financial institutions and licensed professionals without any additional charge to our users. In the interest of transparency, we disclose that we partner with some of the providers we write about – we also list many financial services without any financial gain. MyChoice does not operate a financial institution or brokerage and to ensure accuracy, our content is reviewed by licensed professionals. Our unique position means that we hold no recurring stake in your policy, ensuring our mission to help Canadians make better financial decisions is free of bias or discrimination. 

Article Contents
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated on July 10, 2023

Visit author page
Picture of By <span>Aren Mirzaian</span>
By Aren Mirzaian

Updated July 10, 2023

Visit author page

1 minute read

Article Contents

The answer is a resounding yes! You can indeed transfer your car insurance when you are buying, selling or gifting a car.

How to transfer your insurance to another car

If you are buying a new car, you’ll want to contact your current insurance company and let them know you will be purchasing a new vehicle. Some insurance companies will have an online tool where you can change or edit your policy details. With that said, you’ll want to speak to your broker who can help guide you through the process and also inquire about any additional coverage you may want to add to your gorgeous new automobile. Of course, it goes without saying that when transferring your auto insurance to a new car you want to make sure that the insurance on your old car is removed!

Getting an insurance transfer form

Once you contact your insurance company and broker, you will need to fill out what’s called a transfer of insurance form. The transfer of insurance form must be completed within 30 days after the sale of your car. This form needs to be filled out by both the buyer and the seller but it’s quite simple. The form basically lays out things like warranty and maintenance records that will be used as legal proof that a transfer will be happening with the consent of both parties.

Vehicle registration and insurance

You will have a tough time getting insurance if the car is not in your name. If you do not have an insurable interest in the vehicle, then insurance companies will likely not insure you unless you can make a case that you do. A common example of this would be when insurance brokers recommend that parents be listed on the policies of their children. You can find out how to transfer ownership by reading this article.

Whatever your situation, MyChoice provides quotes from the best providers and allows you to compare the market to give you peace of mind. You can save up to $1000 in 3 minutes. Give us a try by clicking the button below!

Congratulations! You made it to the end!

Now, here is the easy part: complete your quote in under 2 minutes

Discover More About

Car insurance in Ontario is steadily rising, so drivers must find ways to keep their premiums low. Learn 10 tips for saving on car insurance in Ontario.
Ontario’s no-fault insurance system will change, effective July 1, 2026. Read on to learn how these reforms will affect your insurance policy.
A tire blowout can catch you off guard when you least expect it. Learn how to avoid it and what you can do if you have one.

Even More Ways To Save