Posted Friday, March 26, 2010 in
Consumers looking to save money in a recession may not realize they can save on car insurance, according to KOMO News.
Many people have multiple cars and of those, some they rarely drive. Why pay full insurance on hardly used cars? If you have a car or two, you know is not used on a regular basis, you can ask your insurance to put unused cars on a part-time insurance policy.
Some examples include classic and antique cars, seasonal vehicles (i.e. snow plows), and cars owned by military members. In addition, insurance companies will let you remove no more than four cars from your policy per year. But, if you end up using that car more often, you’ll have to notify your insurance to re-add it to your policy.
Otherwise, if you get into an accident, you could end up paying a big price.
Read the full article at KOMO News.