Would this be called a chameleon carrier?

I was told by an insurance agent that you can't do that, gotta keep liability all the time

 

That's a tough one......most underwriters won't allow the unit off the policy unless it's got a Non-Op registration......which is only available in some states.....the reason being the filing......not applicable to you personally, but over the years every underwriter has done a unit for phy dam only and been burned when it got put back into service and the insurance carrier wasn't notified, at all, or timely.......and due to the filing was on the loss anyway.......so unless non-oped officially we won;t do JUST phys dam only.