OathOfFeanor t1_j6jnktz wrote on January 30, 2023 at 8:23 PM

Where can you store the car, is it in a private garage or is it on the street?

If it's in a private garage, in many states you can file an Affidavit of Non-Use with the DMV, so you do not have to maintain registration and insurance on the vehicle. Then you can contact the insurance company and cancel the insurance policy. Leave the loan payment on AutoPay, and you're good to go.

octotron3000 OP t1_j6kkt3z wrote on January 30, 2023 at 11:57 PM

But it was in the contract that I maintain full coverage?

OathOfFeanor t1_j6klvjd wrote on January 31, 2023 at 12:05 AM

Check with your lender for what is allowed, you may be able to change the insurance policy to a "storage only" policy in that case.

octotron3000 OP t1_j6km1x9 wrote on January 31, 2023 at 12:06 AM

Awesome and to answer your previous question it will be stored in the middle of a field way out in the country at my grandma's house. Far away from anything.