by crazyliblady » Sat Oct 30, 2010 12:26 am
I have a car whose engine is toast and so we are planning on getting rid of it by selling it to either a salvage yard or to someone as a project car. It will likely be sometime early next spring after we get our tax return when we can afford to get another used car, one in better shape this time. My question is about if there is a gap of several months between selling one car and buying another, does my insurance company find out if I don't tell them? I don't want them to cancel my insurance. I have a multi-line discount, longevity discount (18 years), and good driver discount and don't want to lose any of these because of my policy being cancelled.
Posted: Sat Oct 30, 2010 01:11 am Post Subject:
So you are going to insure a vehicle that won't be driven? I'd ask your agent if you can cancel the auto policy and pick it up a few months later and still get the longevity discount. They may have a rule on this that would allow it. Is your monthly payment that low that a discount is going to make up for the premiums over several months?
You can certainly pay for insurance on a vehicle that won't be driven... I don't see this as being an issue. A waste of money, yes... but I can't see any other problem with it.
Again, the only discount I see you losing is some type of discount for longevity.
Posted: Fri Nov 19, 2010 11:37 am Post Subject:
You mean you want to have two cars serviced through one insurance policy?
Posted: Sat Nov 20, 2010 05:21 am Post Subject:
I have a feeling that you wish to continue with your car insurance for a period wherein you don't actually have a car. So, basically the period when your old car is sold and the new one is yet to arrive, that's the period which I'm talking about.
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