Question
Do I need storage coverage for my vehicle if it isn't running?
My license is suspended but I am on a program to pay off my fines and get my license back. The car isn't drivable but I was told that during the period of time it takes to fix it I need storage insurance. I just bought it as a fixer upper until I complete my program but cant transfer title without it even though its inoperable at this point.
Answer
In Minnesota, if the vehicle is inoperable then you don't have to carry insurance. Storage insurance would provide physical damage coverage so your vehicle is protected while it is being stored, but it does not provide coverage to drive on the road which wouldn't make you legally compliant anyway. Here is a link your state's Driver and Vehicle Services website covering title transfers. If you are wanting a storage policy I would recommend contacting a local agent in your area, but you aren't legally required to carry it.
Insurance is complicated, but it doesn't have to be.
The Zebra searches all of the top insurance companies, in one place, so you can compare the cost and coverage you need to protect your car, home and other property.
Step 1: Tell us a little about yourself
Choose an insurance product and enter your zip code to get started.
Step 2: Sip your coffee while we find the best quotes
Enter the necessary information and then sit back while we find quotes from 100 top insurance carriers.
Step 3: Compare your quotes
Compare quotes side-by-side to find the right match for you, whether it's home, auto, or more.
Step 4: Let our agents do the hard work for you
Once you pick your policy, our agents are here to get you over the finish line. Then just relax and enjoy your savings.