I'm traveling and will be out of country for 4 months. Does anyone know if I can put my insurance on hold/pause while my truck is parked?
Insurance on hold?
Discussion in 'Ask An Owner Operator' started by Awanw8699, Aug 10, 2020.
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Active mc you can but you'll be treated as a new mc when you restart payments.
Awanw8699 Thanks this. -
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You can reduce your liability to the federal minimum of $750k and remove your cargo insurance. You will remain active and it willsave you a good bit of $.
Also, see if your agent will reduce your coverage area to a 500 or 300 mile radius. This will also save some $.Last edited: Aug 11, 2020
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Awanw8699 Thanks this.
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Great. Thanks for the response guys.
I didn't know I could still remain active by cutting down any part of the insurance.blacklabel Thanks this.
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