Blog What Is A Letter Of Experience For Insurance?

Jan 19, 2021

Check Your Insurance History With A Letter Of Experience From Your Insurer

animation of woman with an insurance document checklist

We all want to save on car insurance. Part of saving is about understanding the type of information used by insurance companies to set rates. Insurers use many different factors inlcuding your insurance history to assess and determine your premium.

Sometimes, insurers don’t have all the information or they need clarification about your auto insurance history. A letter of experience can provide insurers with the information they need, while helping you save more.

What Is A Letter Of Experience For Insurance?

A insurance letter of experience is a document you can request from your current and previous provider. It is a record of your history as an insured driver with the company. It serves as a letter of reference and provides insurers with important information about your insurance history.

The document can verify information you have provided to a new insurer and potentially help you lower your costs.

When Do I Need An Experience Letter For Insurance?

There are a number of situations where a letter of insurance experience is useful :

  • You’ve moved to another province.
  • You have recently moved from another country to Canada.
  • You had a lapse in insurance.
  • You we’re not the primary driver on your previous insurance.
  • The Insurer has identified discrepancies or inconsistent information in your application and required verification.

What Information Is In A Letter Of Experience For Insurance In Ontario?

A letter of insurance experience outlines your history with an insurer. They typically include this information :

  • The policy number
  • The start and end date
  • Drivers listed
  • Car insurance claims history
  • Reasons for any insurance cancellations

Note : If you have had policies with a number of insurers, you will need letters from each one.


Letter Of Insurance Experience FAQs

Insurance providers commonly request a letter of experience to verify and update information about a policyholder. However, a letter of experience can also benefit you.

While they are not required, it doesn’t hurt to ask if a letter could help you save. The information provided could help you qualify for discounts, save money, and lower your costs.

Yes a letter of experience may help you qualify for insurance discounts such as customer loyalty, claims free and others based on the discounts offered by the insurer. Getting one can help you save and so it's worth it.

The process for how to request a letter of experience is straightforward. All you need to do is request the letter from your insurance company.

Only the insurer that provided you with a policy can give you a letter of experience. You cannot get it from your insurance broker. However, they may be able to help you get the letter from your insurer.

It’s recommended to request a letter of experience each time you switch providers. This will ensure you have an updated record of insurance and will save you the time and hassle of requesting one in the future.

A letter of experience has information related to a drivers insurance history such as policy dates, claims history and cancellation reasons. A drivers history report contains information about your driving record such your type of drivers license with dates, demerit points and driving convictions.

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