Car question

[Cobster]

I'm getting a new car and wanted to keep my old one as a winter beater a buddy told me the other night that you can't insure it only for a few months at a time, but now you have to keep it insured all year round.
True or not?

 

[papasmerf]

I'm getting a new car and wanted to keep my old one as a winter beater a buddy told me the other night that you can't insure it only for a few months at a time, but now you have to keep it insured all year round.
True or not?

I bet your insurance agent could answer that in less than 3 seconds

 

[Cobster]

Ya, but, they're not open right now.
Kinda curious about it.
Thanks Pops.

 

[papasmerf]

Ya, but, they're not open right now.
Kinda curious about it.
Thanks Pops.

Way it works here is you need to keep it insured if there are plates on it.

 

[james t kirk]

I have a summer toy.

In the winter, I drop the collision and the liability and keep the comp in case it gets stolen. (Drop the insurance around November, put it on end of May. So it's insured June, July, August, September, October.)

I maintain insurance on my day to day driver all year long.

No problems. I pay by the month in order to keep it simple and allow me to do stuff like that easily.

I live in Toronto and my broker is TD Meloche Monnex. The plates are on the car and it sits in my garage. I don't take it out (don't want to in the snow anyway.)

So no, there shouldn't be any problem.

 

[landscaper]

you can insure it for comprehensive theft fire and park it while you drive the new one. Depending on the age your insurance may require you to certify it prior to your driving it.

 

[james t kirk]

In my case I have to have my toy appraised from Time to time in order to give them a value for the car.

Comp is almost nothing anyway.

 

[Cobster]

Thanks guys, I thought you could do only a few months at a time.

 

[dj1470]

I only comprehensively insure my Harley from April-October every year. I take the liability off for the winter months to save $$$. I go with State Farm.