Interested in saving some money by canceling your auto insurance while your vehicle is in storage? While you may earn a few extra dollars, there’s more to this situation than meets the eye, and you’d be wise to carefully consider your options where insurance and vehicle storage are concerned.
Read on to learn more about how to manage your auto insurance while your vehicle is in long-term storage.
Should You Cancel Auto Insurance for a Car That’s in Storage?
Auto insurance is generally most valuable when you regularly drive your car, so it makes sense that many people who are planning to store their car long-term will consider switching off their coverage.
But hold on just one minute. Before you make any drastic changes to your coverage, consider several points of concern.
First, collision coverage may seem unnecessary, but if you have a loan out on the car, you’ll probably need to keep this coverage per your lender’s requirements.
Second, comprehensive coverage should never be canceled. An unexpected event like theft or a fire could still happen, and you want to make sure you’re covered.
And finally, think about the specifics of your situation. Will your car be stored for that long? How much will you really save if you turn down your coverage? Often, it’s not quite worth it.
Other Tips for Proper Vehicle Storage
Before putting your vehicle into storage, make sure you follow all of these steps.
#1 – Protect your vehicle from the elements.
Start by putting your vehicle in a safe and secure location. While the elements of winter may not be harsh in Mesa, the hot months may do just as much damage to a car that’s outdoors. That’s why storing your vehicle indoors is your best bet. Look for a dry, safe, and well-ventilated location.
#2 – Inflate the tires and fill all fluids.
Fill all fluids, especially antifreeze. Inflate the tires to their maximum recommended pressure; this will reduce the chance of flat spots.
#3 – Change the oil.
Completely change out the oil and replace the air filter of the car.
#4 – Take out the car battery.
Always remove the battery of your vehicle if possible. Restarting a car with a depleted or weakened battery is not recommended, and even if it’s fully charged when you put your vehicle in storage, long-term non-use of the car will reduce your battery’s juice inevitably. It’s best to attach the battery to a “battery tender” throughout storage.
#5 – Protect your vehicle from pests.
The best way to prevent mice and other rodents from entering your vehicle is to make sure the doors and windows are shut tightly and to put moth balls on the outside of the car and inside the trunk and cab. Cotton balls dipped in peppermint oil will also do the trick.
#6 – Clean your vehicle.
While cleaning your vehicle inside and out will simply be nice for you when you return to use it, this step is also to preserve the finish on your car. Over time, even the slightest hint of sand, dust, salt, etc. can become exacerbated and lead to permanent damage.
#7 – When taking your vehicle out of storage …
Don’t forget to give it a once-over. After you’ve reinstalled the battery and checked the oil and other fluids, you should still be cautious about starting the car up again. Be sure to let it idle for several minutes, and give it a tune-up as soon as possible.
Harnish Insurance Group is here to help you with all of your auto insurance needs. Contact us today by phone or stop in to speak with one of our knowledgeable agents.