I’m in the process of selling my car and will be without a vehicle for the first time in years. My current job is located right off the subway and I don’t have much need for a car for at least the next few months. How concerned should I be about having a lapse in coverage when I do eventually get another car? (in likely 3-6 months from now)
Progressive offered me a liability only plan for $55/month. Worth it? I don’t plan on borrowing or renting a vehicle during this time, so the only benefit would be to avoid a lapse in coverage and potentially higher rates down the road.