Insurance on cars

by Rosie
(Ottawa, Ontario, Canada)

Hi,

I currently have a car which I would like to park for Winter and am thinking of purchasing another used car to drive through the winter months.

I have a valid drivers licence and insurance, can I park one car, remove the insurance for 6 months, obtain insurance on the second car for only 6 months or do I have to have both cars insured though I am only driving one.

thanks
Rosie

2 Cars, 1 parked


Hi Rosie, the easier option is to park one car for 6 months and reduce the coverage to fire and theft only (which might only be $10/month or so). Please be sure to discuss this further with a licensed insurance representative. Oh, and by the way, are your rates too high? Check here:

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Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.

Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind.  Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.

Always speak with a licensed insurance representative about your specific situation.

This site is general in nature and there may be errors or ommissions

Please Read

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