Should I cancel my auto insurance since I am not driving anywhere due to COVID-19?
Since the pandemic started, I have been working from home. I just found out that I will not be back in the office until spring of 2022. To save money, can I just cancel my auto insurance? Will there be any negative repercussions if I do?
Apr 29, 2021
Answer provided by
Answered at Apr 29, 2021
“It can be very tempting to cancel your car insurance when you aren’t driving your vehicle for long periods of time. Here are some reasons why you might not want to.
Even though you aren’t driving to the office, do you still go out to get groceries, see friends or family occasionally, or for doctor’s appointments? If so, you will need insurance for these short trips.
Having continuous coverage is a rating factor, so even a small break in coverage will increase your rates moving forward.
Check with your carrier to see if they can lower the annual mileage of your vehicle since you aren’t driving.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Where can I get the most affordable liability insurance as a college student?
I'm going to purchase a car for $5,000 before I head off to college. With a lower value, I only want liability insurance. Where can I find the cheapest liability insurance rates?
Apr 13, 2021
Do I need to buy the rental company's insurance if I don't have my own car insurance?
I don't own a car currently, so I don't have car insurance. I know that my credit card has a collision damage waiver. Is this enough coverage or should I take out more?
Apr 23, 2021