Should you keep car insurance while at BOLC?

CPT Private RallyPoint Member — Thu, 19 Nov 2015 23:09:11 -0500

Hey everyone. I was wondering your suggestions. Say I go to BOLC for 4 months. What are your suggestions as to car insurance? I won't have my POV on post so what would you suggest? Get rid of it for the 4 months I'm gone or keep it?

Response by CPT Private RallyPoint Member made Nov 19 at 2015 11:28 PM

CPT Private RallyPoint Member — Thu, 19 Nov 2015 23:28:03 -0500

Don't cancel your policy. Several insurance carriers factor into their rates long you have had continuous coverage. Your rates post-BOLC would only go higher. I would just strip down my coverage to state minimums with respect to liability and remove the collision coverage.

Response by SGT James Hinch made Nov 20 at 2015 12:32 AM

SGT James Hinch — Fri, 20 Nov 2015 00:32:25 -0500

Keep it because most companies give you a better rate the longer you are with them. What you can do is call your company and tell them you will be on military orders and your vehicle will be stored for the time period. This will drop your coverage down to basically just cover you for weather or other act of God, which is dirt cheap.

Response by SFC Private RallyPoint Member made Nov 20 at 2015 8:21 AM

SFC Private RallyPoint Member — Fri, 20 Nov 2015 08:21:30 -0500

LT, insurance is not that expensive especially if u got USAA. they may also have good advice for you .

Response by SGT David T. made Nov 20 at 2015 8:45 AM

SGT David T. — Fri, 20 Nov 2015 08:45:20 -0500

Why wouldn't you have your car? You will need someway to get around from the hotel to class and when you are off.

Response by SGT Private RallyPoint Member made Nov 20 at 2015 10:42 AM

SGT Private RallyPoint Member — Fri, 20 Nov 2015 10:42:53 -0500

Sir, I would recommend that you obtain and maintain full coverage on your vehicle AT ALL TIMES, even if you are deployed for a year and your car is in storage (inside and outside). Insurance companies would love for you to purchase liability because when something happens, they pay nothing and you lose everything.
Purchasing and having liability insurance is a bad habit.

Response by MAJ Ken Landgren made Nov 20 at 2015 12:21 PM

MAJ Ken Landgren — Fri, 20 Nov 2015 12:21:16 -0500

Why wont you have a car at BOLC?

Response by SSgt Alex Robinson made Nov 20 at 2015 1:36 PM

SSgt Alex Robinson — Fri, 20 Nov 2015 13:36:02 -0500

Yes. It may cost more to reinstate it.

Response by MAJ Private RallyPoint Member made Nov 20 at 2015 7:40 PM

MAJ Private RallyPoint Member — Fri, 20 Nov 2015 19:40:56 -0500

You really need a POV at BOLC, you will stay in a hotel room and need transportation to and from PT, classes, etc.

Response by LTC Paul Labrador made Dec 18 at 2015 1:36 PM

LTC Paul Labrador — Fri, 18 Dec 2015 13:36:32 -0500

If you are going to drive at all, you need to maintain your car insurance. Period. If you are going to store your car, most companies will offer you storage insurance which is magnitudes cheaper than full coverage and there is no lapse in coverage. That is what I did when I stored my vehicle for my 2 combat tours and 2 overseas short tours. If you have USAA ask them about it.