No matter where you live, there are elements that your car will be exposed to this winter, making right now a good time to consider seasonal insurance and how you may be able to save.
Many vehicle owners are not aware that they do not have to have the same insurance policy year-round on a vehicle if it is not being used. For example, if you own a car that you don’t intend to expose to the elements this winter, you can save money by reducing your coverage during winter months. So, if you own a collector car or a sporty convertible that you will not be using this winter, then you can benefit from saving on your current insurance policy.
However, you may wish to still protect it against theft or potential storm damage. In this case, you can remove your liability and collision coverage, maintaining your comprehensive coverage in order to provide the protection you may need.
With the holidays, come the return of your college-aged child that you had removed from your policy. Now that he or she is returning, you may want to check with your insurance agent to see if you should consider putting them back on your policy, especially if they will be using your vehicle.
You should consider and determine your child’s annual mileage. If it is less than 25% of your car’s total annual mileage, you may be able to switch him or her to an occasional driver. If your student remains on your policy, but not as a primary driver, you may be able to save on your car insurance premiums.