Automotive

is one able to have comprehensive only auto coverage without owning a car?

  • Last Updated:
  • Nov 1st, 2018 1:35 pm
[OP]
Newbie
May 2, 2014
99 posts
14 upvotes
Toronto, ON

is one able to have comprehensive only auto coverage without owning a car?

is one able to have comprehensive only auto coverage without owning a car? I was advised this to be a good option in order to not cancel the policy and possibly impact future insurance on primary/second driver.

background story: car got sent to the scrapper... now we have no car now, so we are wondering what to do about our insurance.
11 replies
Deal Fanatic
Jun 26, 2007
5831 posts
1245 upvotes
???
How do you insure something you don’t have?
Deal Fanatic
User avatar
Mar 23, 2008
9085 posts
5562 upvotes
Edmonton
ausername wrote:
Oct 31st, 2018 5:49 pm
is one able to have comprehensive only auto coverage without owning a car? I was advised this to be a good option in order to not cancel the policy and possibly impact future insurance on primary/second driver.

background story: car got sent to the scrapper... now we have no car now, so we are wondering what to do about our insurance.
Advised by who?

C
Jr. Member
Jun 14, 2016
179 posts
50 upvotes
Calgary
If you're not going to replace your car. Your insurance will cancel you on renewal. If you got paid out for your car, claims dept would have notified underwriting and if you ask to put comprehensive coverage only, they know you don't actually have the vehicle...
Sr. Member
Nov 16, 2011
844 posts
550 upvotes
HAMILTON
How could you have " Comprehensive Auto coverage " when you do not have an auto to insure.

So, short answer is no
Deal Fanatic
User avatar
Aug 11, 2008
8188 posts
1015 upvotes
Ontario
NOPE
ausername wrote:
Oct 31st, 2018 5:49 pm
is one able to have comprehensive only auto coverage without owning a car? I was advised this to be a good option in order to not cancel the policy and possibly impact future insurance on primary/second driver.

background story: car got sent to the scrapper... now we have no car now, so we are wondering what to do about our insurance.
RIBO LICENCED INSURANCE BROKER, over 30 years experience
Deal Addict
Nov 12, 2004
1763 posts
418 upvotes
Hometown
Since the OP can't insure what they don't have any more. Can they be listed as a secondary driver on a family members policy they don't live with? So they have a record of insurance somewhere?
Sr. Member
Nov 2, 2014
982 posts
321 upvotes
Scarborough, ON
Canuck2fan wrote:
Nov 1st, 2018 11:30 am
Since the OP can't insure what they don't have any more. Can they be listed as a secondary driver on a family members policy they don't live with? So they have a record of insurance somewhere?
Yes.
Deal Fanatic
User avatar
Jun 19, 2001
7742 posts
1368 upvotes
" possibly impact future insurance on primary/second driver."

If you in ON, there is no impact "
Ontario Regulation 664 was amended effective November 1, 1996 to prohibit the use of lapses in insurance coverage as a rating variable, except in those limited circumstances set out in the regulation. A copy of the regulation is attached."
https://www.fsco.gov.on.ca/en/auto/auto ... 06_97.aspx
Sr. Member
Nov 2, 2014
982 posts
321 upvotes
Scarborough, ON
zoro69 wrote:
Nov 1st, 2018 1:04 pm
" possibly impact future insurance on primary/second driver."

If you in ON, there is no impact "
Ontario Regulation 664 was amended effective November 1, 1996 to prohibit the use of lapses in insurance coverage as a rating variable, except in those limited circumstances set out in the regulation. A copy of the regulation is attached."
https://www.fsco.gov.on.ca/en/auto/auto ... 06_97.aspx
Insurers get around this through discounts Zoro.

The big ones too.

They have been doing it for years, and they still are as we speak.
Sr. Member
Nov 2, 2014
982 posts
321 upvotes
Scarborough, ON
hightech wrote:
Nov 1st, 2018 11:40 am
Can you provide me where this is allowed as most policies that I have read only allow this if you live at the same location.
Call your insurer, tell them your best friend who does not live at your household, who is not currently insured elsewhere, drives the vehicle 49% of the time.

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