True or False: Only the driver has the power to cancel or not renew the insurance policy.

The correct response is that it is false to say only the driver has the power to cancel or not renew an insurance policy. In actuality, both the driver and the insurance company have roles in this process. The driver can request to cancel or not renew a policy, but the insurance company also has the authority to decide not to renew coverage under certain conditions, such as non-payment of premiums, changes in risk, or violations of the policy terms. Therefore, both parties have influence over the cancellation or renewal of an insurance policy, making it a shared responsibility rather than solely in the hands of the driver.