Why Get Insurance Even For Your Stored Car

Storing your car is the best thing to do if you do not plan driving it for a long period of time. There are many reasons why this could happen, from recovering from a disease or injury, or living abroad for a determined amount of time (let’s say due to your job requiring to change location).   If you are in this situation, you may also wonder if you are required to keep the same levels and types of car insurance coverage in place on that stored car. As with many situations in life, the answer to that question is: it depends. Find out when and why get insurance. Also, visit our website and get a car free insurance quote.

auto-insurance2If you have a lifestyle change that requires you to put your car in storage (such as a move for a job, deployment on a military assignment, or extended travel in another state or country) you should let your current car insurance coverage be active and insure your stored car as personal property only. Also, you may want to put a low-cost comprehensive coverage option in place with a higher deductible just in case something happens to the storage location while you are gone.

If the storage term matches or nearly matches the current term of your car insurance coverage, you may not need to worry about any supplemental insurance for it. If the time you need to store your car exceeds the term of your current coverage, get a short-term extension of your current policy or consider a completely separate short-term car insurance policy with coverage options and limits in place more suitable for your stored car.

If you plan to store your car at a separate storage facility, ask if they offer insurance on the items being stored there. Some facilities specifically designed to store cars require that you keep a minimum level of insurance coverage

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