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Can I remove insurance from a car that isn’t being driven thanks to the pandemic?
Everyone in my house is working from home due to COVID-19. We only use one car now. Can I take the insurance off the other car?
Shannon Martin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Contact your insurance agent about a storage policy; this could be a way to save a great deal of money for your family.
With a storage policy,
liability coverage
and collision coverage
are removed from the vehicle, so no one can drive the car at this time. Only comprehensive coverage
protects your car from non-collision perils like fire, theft, and vandalism.In some states, you will need to surrender your plates when you get this type of policy.
If you are still making payments on the vehicle, you will need to contact the lienholder to make sure that this type of policy meets their minimum coverage requirements.”
View full answer
- Gregory R.
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