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This is a contradiction: To "keep it insured" is to keep the coverage, not to suspend it. I think you are talking about a storage waiver, which is something a lienholder would be able to discuss with you. If you have a loan on the vehicle, the lender obviously requires you to keep the vehicle insured. If you STORE the vehicle, however, the lender can or may issue a 'storage waiver', allowing you to discontinue coverage for the time the vehicle is in storage. They set the terms and you must talk to your lender first to determine the requirements of the waiver. If you do NOT have a lien on the vehicle, no outstanding loan, then you only need to carry liability coverages. If you intend not to drive it for a period of time, you can cancel the liability coverage for the time the vehicle is in storage/not being driven. For your own security, however, you should be absolutely certain no one else has access to the vehicle during that 'storage' time.

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โˆ™ 2007-04-12 05:42:44
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Q: Is there a way to suspend coverage on a vehicle that will not be used for a period of time but still keep it insured and reactivate the coverage when you want to drive it?
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