answersLogoWhite

0


Best Answer

They will probably demand full coverage on the car whether you drive it or not. The storage insurance should be quite a bit cheaper than if the vehicle were actually in use on the streets, etc. Check with your finance company and your insurance agent.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Will a finance company accept storage insurance instead of full coverage if the car is never driven If so how much cheaper is storage insurance compared to full coverage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How is temp insurance defined in a small company?

Temporary insurance offers coverage for a short period of time, often twelve months or less. This short term insurance often has limited coverage compared to other plans.


What are the benefits of a commercial liability umbrella insurance?

Commercial liability umbrella insurance has many benefits to the company. The liability umbrella insurance is pretty inexpensive compared to other coverage policies. It also provides better protection and coverage.


What features should be considered when comparing insurance companies?

Summary of Benefits and Coverage, copays, deductibles, and interest rates should be compared when considering an insurance company.


What type of company is Complete Coverage Insurance?

Complete Coverage Insurance is the type of company referred to as an independent insurance agency. They provide insurance coverage for automobile, home, health, business and life.


Is a 2013 Honda Civic Si or a 2013 ford mustang V 6 cheaper to insure?

It varies from one insurance company to another and the type of coverage you have. Call your insurance company and they can answer this question with 100% accuracy.


What is coverage?

what the insurance company includes as part of the insurance policy.


Is Golden rule insurance a company or rule of insurance?

Golden Rule Insurance is an insurance company offering various health insurance coverage plans, auto insurance coverage and homeowners insurance. They are affiliated with Unites Healthcare Company and are based out of Indianapolis, Indiana.


What is gap insurance?

GAP insurance is coverage that covers the difference between the value of the vehicle at the time of the accident and the amount that is owed on the loan at the time of the accident. GAP insurance can be purchased from the finance company or from the persons insurance company. Usually it is much cheaper to get it from the insurance company.


Can you sue the state for hitting a deer your car is total and your insurance will not pay?

You are required by law to have liabilty coverage, but not collision coverage. If you did not have collision coverage then you are not due any compensation by your insurance company. If you did have collision insurance and the insurance company will not pay, then you may be able to sue the insurance company, but you cannot sue the state.


How do you confirm your auto insurance coverage?

Call your agent or your insurance company.


Where can backpacker insurance be compared?

You can let your backpakcer insurance be compared at your own insurance company. You can also go to other insurance company and ask if they can give you a better deal.


Which pet insurance company offers the best service?

There really isn't one state that is better on prices rather than other states on pet health insurance. The rates really depend on the type of coverage you want with your pet and the company that you choose to go with.