You should keep your vehicle insured while in storage, as the storage facility will most likely not insure your vehicle against loss.

Most storage facilities in the United States do not assume responsibility for loss or theft of items stored.

If your vehicle is stolen from a storage location, and you don't have comprehensive insurance, it will be a total loss.

Therefore, it's advisable to maintain comprehensive insurance (first-party insurance that covers non-collision perils, such as theft, vandalism, fire, flood, falling objects, etc.) on your vehicle while it's in storage.

We have seen that insurance companies do not typically allow comprehensive-only coverage.  They require liability (third-party) insurance in order to maintain comprehensive coverage.

So we recommend dialing back, but not eliminating, your insurance coverages while your vehicle is in storage.

When your vehicle is in storage, we recommend making the following adjustments to your policy to reduce your premium while maintaining coverage

  • Lower your liability coverage to the minimum legal limits,
  • Remove collision insurance,
  • Remove rental reimbursement and roadside assistance coverages, and
  • Remove (if possible) uninsured and underinsured motorist coverages.