Auto Insurance

Do you still need to keep paying insurance in Michigan if you do not own a vehicle anymore?


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Wiki User
2014-02-06 19:39:22
2014-02-06 19:39:22

Well, you certainly don't need AUTO insurance if you don't own a vehicle. Might still carry a personal liability policy if you have any assets to protect, but a college student probably doesn't.


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The answer for whatever exam you are taking is "premium".

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Yes, you need/should keep paying for the insurance until you are not on the title anymore.

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Sure, If you don't need it anymore no since paying for it.

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In most states an insurance company must report to the DMV of your state that your insurance is been canceled. This often results in your state suspending your drivers license unless you can prove that you do not have a vehicle, and that the reason your insurance was canceled was because you no longer have a vehicle. The license plate that was obtained for the vehicle must be returned to the DMV. If insurance was purchased for the vehicle from another insurance company, then you must provide proof that you have insurance from the new insurance company. If the actual owner of the vehicle bought insurance from another insurance company, then this should be easy to prove.

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