Seasonal vehicle insurance can save money

Some commercial and farm vehicles are operated during specific months and left in storage for the remainder of the year. Yet, many people maintain full insurance coverage on these vehicles, even though the prospect of a collision or other mishap has virtually been eliminated.

Examples of these types of seasonal vehicles include:
  • Farm vehicles used only for planting and harvesting. 
  • Landscaping vehicles that are in storage for the winter.
  • Heavy vehicles that aren’t permitted to be used in spring because of temporary weight restrictions.
Insurance companies often are able to temporarily suspend some insurance coverage for these vehicles, such as liability and collision, and then reinstate the coverage when the vehicles are back in use.

Comprehensive coverage should remain on the vehicles to cover risks like storm damage, vandalism, or theft. Do not cancel your policy completely, as it will require more time and paperwork later, and you will likely have to pay a higher rate than if you had kept continuous coverage.

Some insurance carriers require notification to reinstate the full coverage, so be sure to check with your agent for your specific policy requirements.

When you can demonstrate clear, consistent patterns or regular periods of suspension due to seasonal operations, some carriers can apply a credit to the policy to reflect the reduced potential for loss.

Bottom line? These credits may result in reduced insurance premiums for seasonally used farm and commercial vehicles. Contact your agent to discuss the options available from SECURA for your specific needs.