Having an insurance policy cancelled can affect your ability to get coverage by other insurers, resulting in higher premiums. An insurance company cannot cancel a policy that has been enforced for over 60 days unless you have failed to pay the premium, have committed fraud or misrepresented yourself on your application, or have had your driver’s license suspended or revoked.
Non-renewal of insurance is when you or the insurance company have decided not to renew the policy once it expires. The reason why an insurer might not renew your policy could be due to a change in their policies or their products, not because of something you did.