Do I need to have car insurance on my vehicle that's going to be listed as non-operational?

I live in Texas and I am going out of the country for a year. I will be registering my car with the DMV as non-operational, but will still be paying my car payment. Since my car is financed, do I need to also maintain car insurance?

Answer
“Once you register your vehicle as non-operational with the DMV, you should be able to suspend liability insurance on it.
Although you won’t be driving your vehicle, most lenders require that financed vehicles carry comprehensive coverage and collision coverage. Before you leave, you should reach out to your lender directly to confirm their requirements.
You can also reach out to your current insurance carrier to see if they have any policies or provisions regarding non-operational vehicles. “
avatar
Emily Maracle
Answered on Apr 21, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.

Read advice from car experts at Jerry

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings — it's 100% free