by Guest » Sat Jan 14, 2012 04:33 pm
Is it possible to put my car insurance on hold for a while? I’ll be in Indiana for the next 5 months and I’ll be leaving the car garaged back in Maine. I can’t drive it in this weather anyway, it’s a convertible. The car stays garaged from October to March. If there was any way to pause my insurance it would help me on multiple counts.
Posted: Sun Jan 15, 2012 05:36 am Post Subject:
Contact your insurance agent. Many insurance companies will allow you to reduce your coverage to comprehensive coverage only, covering theft, fire, etc. which is usually inexpensive. This keeps your policy active, at a small price, for a car not being used.
If your car is still financed, you may have to keep Collision, too, to keep the bank happy.
Posted: Mon Jan 16, 2012 04:51 pm Post Subject:
As Robert742 mentions, you can reduce your coverage just to comprehensive coverage and reduce your cost. If you car is going to be garaged for the next few months or all through the winter. However, it will not cover any collision damage which is quiet necessary.
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