Do You Need Auto Insurance for a Stored Vehicle?

If you’re planning to store your vehicle for an extended period in Georgia, you may be wondering whether you still need to keep auto insurance on it. Understanding the legal requirements and practical risks can help you make an informed decision about protecting your car and your finances.

Georgia’s Insurance Requirements for Stored Vehicles

In Georgia, state law generally requires all registered vehicles to carry minimum liability insurance, even if the vehicle is not being driven. If you plan to store your car and remove it from the road, you may need to officially cancel the registration or file for a “vehicle in storage” status with the Georgia Department of Revenue. Failing to maintain insurance on a registered vehicle can result in fines, registration suspension, or other penalties. Your broker can help explain options relevant to your situation.

Risks of Dropping Coverage

Even when your car is parked or stored, it’s still exposed to certain risks, such as:

• Theft or vandalism
• Fire or weather-related damage
• Damage from falling objects or animals

If you cancel your insurance entirely, you won’t have coverage for these events. Comprehensive coverage, which is optional but highly recommended for stored vehicles, can help protect against non-collision losses while your car is off the road.

Talk to Us

If you’re storing your car for several months, talk to our team at Ski Enterprise LLC about adjusting your policy. We can help you explore options that may reduce your premium while still providing essential protection, and we’ll help make sure you stay compliant with Georgia law while protecting your vehicle.

Contact us today to speak with our team.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.