Need cheapest car insurance to sell a used car that is not being driven now!

Comments

• stever Guest Posts: 52,454

  April 2016

  Hm, you might check with your agent and see if you can pay by the month. That was an option when I lived in Michigan but with a different company. If three or six months is the minimum, you can ask your agency what happens if you cancel - maybe they'll prorate the unused days/months of coverage and give you a refund.
  
  I suppose you could ask for proof of insurance from prospective drivers but that seems a bit risky since any injured party likely would come after the owner too.

  0
• carboy21 Member Posts: 760

  April 2016 edited April 2016

  Do not let the buyers test drive alone and always accompany them. Actually a friend used to always drive himself with the buyer sitting as passenger. Do not test drive more then 5 miles round trip.
  If you do this routine then you only need a third party liability insurance with no collision or comprehensive cover. Also all the benefits payable can be kept to a minimum. GEICO has a great menu system on its website for choosing Insurance options , ala-carte style.

  0