How to Keep Your Authority After Truck Sold?

So you sold a truck and now your going to keep insurance on it? This has bad news all over it. You better hope that truck doesn't get in a wreck. Figure something else out, id hate for you to get tied up in a mess.

 

You can simply just keep paying the insurance premium. That’s how I keep mine going after my truck was stolen and after getting the settlement.

 

Im wrong about it all, but id be nervous doing it.

 

Probably an insurance clearing house tied to vin numbers.

Could you put it on a pick up truck? That you own. I have seen pick ups with dot numbers.

 

What if you reduce the coverage to bobtail coverage only? My authority was suspended few years back for about 2 months, so I leased on to someone else's numbers and their insurance, but instead of canceling my insurance, my agent explained it would be easier and cheaper to reduce coverage instead of canceling it and then creating a new policy (which would've required a deposit, and possibly raise the premiums).

 

It will be less money and you stay active? What if they Delay your truck by another month?

Anyway good luck hope it works well.

 

Drop it to liability only. There is no need to remove any Vins. I did it during Covid lockdown. Was like $100 per month or so just to keep the policy active. Talk to your insurance agent first