Insurance during the Winter on a Lease

[Sapphireho]

Originally Posted by Tcoat

Makes you sort of wonder why Toyota sent the letter. Did they somehow know the insurance was reduced?

Here in California, if you cancel liability coverage the insurance company must notify DMV. DMV then immediately sends a notice of registration suspension to owner(s)/lean holders.

[LOLS2K]

Originally Posted by D_Thissen

Not trying to be a d*ck but if that's what the letter says, that's what you need. I'm sure it would be in the fine print of your lease terms.

Well put...

[D_Thissen]

Originally Posted by Tcoat

Makes you sort of wonder why Toyota sent the letter. Did they somehow know the insurance was reduced?

Not sure. I'm guessing since Toyota is the 'owner' of the vehicle, they would have been informed about the policy change. Just an assumption though.

[TorontoNat]

Never understood not driving this car in the winter.

[Leonardo]

Originally Posted by TorontoNat

Never understood not driving this car in the winter.

Uh, I put my chainsaw, gas, oil, and tow strap in the back of my AWD truck. I have pulled multiple people out of the ditch and have had to cut trees across the HWY to get to work. It seems like the right thing to drive in rural Oregon during the winter.


If you can get away with driving your twin in the winter, I applaud you!

[Tcoat]

Originally Posted by TorontoNat

Never understood not driving this car in the winter.

There are many different conditions and reasons why somebody may/can not drive it in the winter. Most are perfectly reasonable.

[TorontoNat]

Originally Posted by Leonardo

Uh, I put my chainsaw, gas, oil, and tow strap in the back of my AWD truck. I have pulled multiple people out of the ditch and have had to cut trees across the HWY to get to work. It seems like the right thing to drive in rural Oregon during the winter.


If you can get away with driving your twin in the winter, I applaud you!

[Tcoat]

Originally Posted by Leonardo

Uh, I put my chainsaw, gas, oil, and tow strap in the back of my AWD truck. I have pulled multiple people out of the ditch and have had to cut trees across the HWY to get to work. It seems like the right thing to drive in rural Oregon during the winter.


If you can get away with driving your twin in the winter, I applaud you!

At 3:30 am yesterday morning, while driving through 14 inches of snow, on my yet to be plowed city street the thought of an AWD truck looked pretty good to me.


The honk and thumbs up I got from the STI driver while going down the snow and ice covered highway made up for it all though.

[Leonardo]

Originally Posted by Tcoat

At 3:30 am yesterday morning, while driving through 14 inches of snow, on my yet to be plowed city street the thought of an AWD truck looked pretty good to me.


The honk and thumbs up I got from the STI driver while going down the snow and ice covered highway made up for it all though.

The snow must be dry up there!


Oregon snow is soggy! (like everything here ) I high centered on wet snow in my driveway.

[Tcoat]

Originally Posted by Leonardo

The snow must be dry up there!


Oregon snow is soggy! (like everything here ) I high centered on wet snow in my driveway.

This snow was light and fluffy. It can vary though.

[DarkSideFRS]

leased cars require full coverage (and with higher coverage as well). This was one of the conditions when I leased a CRV. I am not even sure if insurance lets u drop certain coverage for a few months (aka when in winter storage). My insurance policies are annual.

[8inchAzN]

Thanks for all the replies, I did just get a letter and it is true that it states I require full coverage.

The car has been stored for ~ 1 month and the insurance company had no issues with it. Now the question becomes, what are the repercussions? If they want the car back, they are more than welcome to.

The reason it is stored is because I do not find the car as fun as the vehicle I am currently driving - has nothing to do with safety or preservation. Also keep the KM's down as the car already has 25k on the clock since April.

[mav1178]

Originally Posted by 8inchAzN

The car has been stored for ~ 1 month and the insurance company had no issues with it. Now the question becomes, what are the repercussions? If they want the car back, they are more than welcome to.

The insurance company never have issue with it because it's not their business to care, they only give you coverage if you fulfill payment obligations on the premium. You don't pay, they don't insure.

If you don't have required insurance, Toyota will buy insurance for you and send you the bill. I've seen it around 1.5x to 3x the cost of what you normally pay for.

If you don't pay then they will repo the car and your credit will take a massive shit.

[Tcoat]

Originally Posted by 8inchAzN

Thanks for all the replies, I did just get a letter and it is true that it states I require full coverage.

The car has been stored for ~ 1 month and the insurance company had no issues with it. Now the question becomes, what are the repercussions? If they want the car back, they are more than welcome to.

The reason it is stored is because I do not find the car as fun as the vehicle I am currently driving - has nothing to do with safety or preservation. Also keep the KM's down as the car already has 25k on the clock since April.

Pay out the lease return penalty and be done with the car. Why store a leased car that you no longer find fun and don't want to drive? As said, if they repo it you will be totally screwed for many years. It isn't a toy that you can just cast aside without ramifications when you become bored.