Can I Suspend My Car Insurance?

Life is unpredictable. You might find yourself in a position where you don’t need to drive for some period. Therefore, you may be wondering if you can suspend your auto insurance. Depending on your state and insurer, you may be able to reduce some of your car insurance coverage if you’ll be off the road for an extended period,

Situations To Suspend Your Car Insurance Coverage

Consider suspending your car insurance means reducing your policy to comprehensive coverage only because having car insurance is mandatory in most states. You might consider reducing your car insurance policy if you’re:

Deployed overseas
Traveling for an extended period
Putting your vehicle in storage for a long-term
Vehicle is not drivable and needs repairs
Waiting for your suspended driver’s license to be reinstated
Healing from an injury or illness that prevents you from driving

What Does Comprehensive Coverage Cover?

Comprehensive coverage covers only the car itself. However, the following perils are covered when you pack your car.

Theft
Fire
Vandalism
Bad weather, like a tree falling
Damage from falling items

It is vital to maintain this coverage. Your car will be covered if damages occur when you’re not driving it.

Pros And Cons Of Suspending Car Insurance

Some pros of suspending/reducing your car insurance are:

It saves you money
It helps prevent a lapse in coverage
t’s easy to reinstate full coverage when needed

Because you won’t be driving for some period doesn’t mean suspending your insurance is the right call. The potential drawbacks of suspending/reducing your car insurance include the following: