Winter storage for your pony

MattJ · 08-25-2005, 09:21 PM

How many of you put your pony away for the snowy weather? Last year I drove it because I had no choice but this year im lookin at a winter beater. My question is, I have a loan still on my car and obviously I dont want to fork out full coverage insurance on it when it sits in the garage over the winter. Our vehicle insurance is through the same place as our home owners insurance. I also know the bank requires full coverage on the vehicle. My question is, how do you guys work around this with a un-paid for stang and its stored away for the winter?

WaterDR · 08-25-2005, 09:37 PM

Matt, you have a few options. State Farm has a special insurance program for this situation. That's what I do now.

When I was in the service, I put my car in storage while on deployment. I just dropped it completely if I recall. It took the bank about three months to figure out what I did and then I just blew them off and played dumb when I got back. At that point, what could they do? I don't advise this option.

Badfish · 08-25-2005, 09:40 PM

I just drive mine, I couldnt stand driving my stang for 3-6 months a year or more

ModMotorRacer · 08-25-2005, 09:47 PM

You don't need full coverage or liabilty when its stored. Just get comprehensive only....that basically means something has to hit your car. If your garage falls in, somebody drives thru your garage and smashes your car etc..its covered. Your car cannot hit anything (IE..move) I have done this for many years with no problems...I too used State Farm but any insurance company can do it. Its just not something alot of people do. You might have to explain the situation to the bank if they cry about it. Actually might be better to inquire about all of this before doing it.

One more thing, if you drop insurance completely and the bank finds out, they will insure it for you...lemme tell you, not good deal there. They have the right to do it, and you will pay their inflated premiums. It is in the loan contract you signed, trust me.

Adam

*madmatt* · 08-26-2005, 03:55 AM

You should move down to sc where you can drive your car all year round. Thats gotta suck so much.

WaterDR · 08-26-2005, 04:19 AM

Quote:

Originally Posted by ModMotorRacer

You don't need full coverage or liabilty when its stored. Just get comprehensive only....that basically means something has to hit your car. If your garage falls in, somebody drives thru your garage and smashes your car etc..its covered. Your car cannot hit anything (IE..move) I have done this for many years with no problems...I too used State Farm but any insurance company can do it. Its just not something alot of people do. You might have to explain the situation to the bank if they cry about it. Actually might be better to inquire about all of this before doing it.

One more thing, if you drop insurance completely and the bank finds out, they will insure it for you...lemme tell you, not good deal there. They have the right to do it, and you will pay their inflated premiums. It is in the loan contract you signed, trust me.

Adam

Adam:

If you have a loan, they will not let you just get comp on the car. I have been down this route before. But, your experience could be different.

Check with your insurance proivder. Mine (which is state farm) has a special low-use/storage rate. It basically reduces my insurance by about 30% when the car is stored in the garage. Who knows, maybe they are screwing me.

When I was in the military in the above example, the bank tried to get me with their rates, but I told them to pack sand. They had no other choice because I had the car in a professional storage facility and the fee included comp insurance.

Slither · 08-26-2005, 05:29 AM

Haha! Snow? What is snow? I don't even wear a jacket sometimes on Christmas day. I will be heading to New York City by myself Dec 16-22. Decided not to drive the Mustang and rent a car instead.

timstpetefl · 08-26-2005, 06:02 AM

hehe move to Florida

MattJ · 08-26-2005, 06:48 AM

I had the offer to move with my dad when he moves down there at the end of the year. Right now I have family in marco island, but hell be in naples.

Ya right now its 150 a month for full coverage. Im 22 with a clean driving record so thats a big chunk of change to be paying when its sitting.

ThePunisher · 08-26-2005, 07:13 AM

Mine gets covered for winter but Ill get it out at least once a month to stretch its legs. But only when the roads are dry and free of salt. Full coverage with a couple xtras is only $88 a month so its not a big deal.

ModMotorRacer · 08-26-2005, 07:21 AM

Quote:

Originally Posted by MT's#1Customer!

Adam:

If you have a loan, they will not let you just get comp on the car. I have been down this route before. But, your experience could be different.

Check with your insurance proivder. Mine (which is state farm) has a special low-use/storage rate. It basically reduces my insurance by about 30% when the car is stored in the garage. Who knows, maybe they are screwing me.

When I was in the military in the above example, the bank tried to get me with their rates, but I told them to pack sand. They had no other choice because I had the car in a professional storage facility and the fee included comp insurance.

Different state and different banks I'm sure do different things. I have had a "garage car" for most of my driving career (17years) 99% had loans and I did this with all of them. As for getting screwed, you most likely are. I actually just talked to my State Farm agent Tuesday. I got a quote from Allied Insurance for my home and vehicles and it was $450 a year cheaper for BETTER coverage. Know what my State Farm agent said? " You mind if I get a copy of the Allied quotes so I can show my bosses what I am up against?"

Adam

burnsmustang · 08-26-2005, 08:51 AM

yeah im gona have to drive mine this winter too, i kept my stock rims for snow tires than il just throw some sandbags in the trunk so im not fishtailin like crazy. id prefer to buy a jeep for winter use only but ive got other plans for my $ so il be drivin my mustang

MattJ · 08-26-2005, 11:14 AM

Driving it in the winter is a lot easier than people make it out to be. I got stuck in my driveway with a foot of snow, and that was the only time. I had to be pulled out of my front yard by my boss.

*4.6 Love* · 08-26-2005, 11:24 AM

I drive my pony all yr round! Rain,snow,sleet whatever, she's been through everything!

*madmatt* · 08-26-2005, 11:42 AM

Tehass gets snow?

ShakerScoops · 08-26-2005, 12:45 PM

Quote:

Originally Posted by MattJ

How many of you put your pony away for the snowy weather? Last year I drove it because I had no choice but this year im lookin at a winter beater. My question is, I have a loan still on my car and obviously I dont want to fork out full coverage insurance on it when it sits in the garage over the winter. Our vehicle insurance is through the same place as our home owners insurance. I also know the bank requires full coverage on the vehicle. My question is, how do you guys work around this with a un-paid for stang and its stored away for the winter?

Have them insure it as a recreational vehicle. If you only drive it part time, you may be able to get this option for your car. I have American family and they only charge me $56.00 a month fully cover my Stang as a recreational vehicle.

foncarelli · 08-26-2005, 01:08 PM

State Farm will let you have comprehension on your vehicle if you tell them its a luxury and that you dont drive it in the winter. But you have to be in accordance with your bank or credit union. Have the insurance company fax a letter to your creditor about dropping the full coverage because the vehicle is in storage and supply evidence of where it will be stored. I do this every year but i had some slight problems when i was still making payments.

*4.6 Love* · 08-26-2005, 01:10 PM

Quote:

Originally Posted by madmatt

Tehass gets snow?

Why yes, yes we do!

ColoradoStang · 08-26-2005, 01:19 PM

storage? hahahahahaha youre funny

out here in CO we drive the stangs all year round baby

*4.6 Love* · 08-26-2005, 01:22 PM

Quote:

Originally Posted by ColoradoStang

storage? hahahahahaha youre funny

out here in CO we drive the stangs all year round baby

Thats what you do when you buy a sorry color like Mineral Grey!

...They don't know how us black ponys roll!

StangGT804 · 08-26-2005, 01:33 PM

I hope VA doesnt get snow dis year!!! I wont be able to get out of my HILL of a driveway! lol But well see!

MattJ · 08-26-2005, 04:45 PM

Quote:

Originally Posted by 4.6 Love

Thats what you do when you buy a sorry color like Mineral Grey!

...They don't know how us black ponys roll!

whatever you swirl-boys say. Too bad your paint looks like a hologram sprial.

And I do have american family but I doubt id go to 56 a month from 150.

95bstallion · 08-26-2005, 07:24 PM

Mite sound a bit early but i just parked my stang for the winter and i wont get it out till late april most likely its a rust free body and im keeping it that way. School started and i refuse to drive it soo a bunch of kids can key it soo i just drive the pt

08-25-2005, 09:21 PM	#1 (permalink)
MattJ Senior Member Join Date: Dec 2004 Location: Racine, WI Posts: 10,243	Winter storage for your pony How many of you put your pony away for the snowy weather? Last year I drove it because I had no choice but this year im lookin at a winter beater. My question is, I have a loan still on my car and obviously I dont want to fork out full coverage insurance on it when it sits in the garage over the winter. Our vehicle insurance is through the same place as our home owners insurance. I also know the bank requires full coverage on the vehicle. My question is, how do you guys work around this with a un-paid for stang and its stored away for the winter? __________________ 2001 Mustang GT Premium - Mineral Grey

08-25-2005, 09:37 PM	#2 (permalink)
WaterDR Administrator Join Date: Sep 2004 Posts: 6,374	Matt, you have a few options. State Farm has a special insurance program for this situation. That's what I do now. When I was in the service, I put my car in storage while on deployment. I just dropped it completely if I recall. It took the bank about three months to figure out what I did and then I just blew them off and played dumb when I got back. At that point, what could they do? I don't advise this option. __________________ Black 2000 GT Vert: Novi-2000 with Intercooler (375rwhp @ 9 psi); Tune by Kauffmans; Roush 380R Body kit; Steeda Subframes; Steeda Strut Tower Support; Deep Dish Bullets; FRPP 4:10's; SCT 4 Position Chip with four custom tunes; Steeda CAI; C&L Pleum; BBK 75 TB; SLP Loudmouth; SLP Catted X-Pipe; Bullitt Suspension; UPR Conrol Arms; Focus Fuel Pump My Car My Email

08-25-2005, 09:40 PM	#3 (permalink)
Badfish Listen to reggae. Join Date: May 2005 Location: Colorado Springs, CO Posts: 8,896	I just drive mine, I couldnt stand driving my stang for 3-6 months a year or more __________________ '04 2.3l Evo '86 GSXR 750

08-25-2005, 09:47 PM	#4 (permalink)
ModMotorRacer Modular Misfit Join Date: Dec 2004 Location: Iowa Posts: 329	You don't need full coverage or liabilty when its stored. Just get comprehensive only....that basically means something has to hit your car. If your garage falls in, somebody drives thru your garage and smashes your car etc..its covered. Your car cannot hit anything (IE..move) I have done this for many years with no problems...I too used State Farm but any insurance company can do it. Its just not something alot of people do. You might have to explain the situation to the bank if they cry about it. Actually might be better to inquire about all of this before doing it. One more thing, if you drop insurance completely and the bank finds out, they will insure it for you...lemme tell you, not good deal there. They have the right to do it, and you will pay their inflated premiums. It is in the loan contract you signed, trust me. Adam __________________ www.modularmisfits.com 98GT NA Auto...12.61@109 NMRA Mod Muscle #10

08-26-2005, 03:55 AM	#5 (permalink)
madmatt Traitor...lol Join Date: Sep 2004 Location: Lexington, SC Posts: 7,929	You should move down to sc where you can drive your car all year round. Thats gotta suck so much. __________________ RPMPlanets

08-26-2005, 05:29 AM	#7 (permalink)
Slither Elmo Rocks my Socks Join Date: Jun 2005 Posts: 2,157	Haha! Snow? What is snow? I don't even wear a jacket sometimes on Christmas day. I will be heading to New York City by myself Dec 16-22. Decided not to drive the Mustang and rent a car instead. __________________ SilverMustangs.com Website & Registry

08-26-2005, 06:02 AM	#8 (permalink)
timstpetefl Senior Member Join Date: Jul 2005 Location: St. Petersburg, Florida Posts: 230	hehe move to Florida __________________

08-26-2005, 06:48 AM	#9 (permalink)
MattJ Senior Member Join Date: Dec 2004 Location: Racine, WI Posts: 10,243	I had the offer to move with my dad when he moves down there at the end of the year. Right now I have family in marco island, but hell be in naples. Ya right now its 150 a month for full coverage. Im 22 with a clean driving record so thats a big chunk of change to be paying when its sitting. __________________ 2001 Mustang GT Premium - Mineral Grey

08-26-2005, 07:13 AM	#10 (permalink)
ThePunisher Senior Member Join Date: Dec 2004 Posts: 624	Mine gets covered for winter but Ill get it out at least once a month to stretch its legs. But only when the roads are dry and free of salt. Full coverage with a couple xtras is only $88 a month so its not a big deal.

08-26-2005, 08:51 AM	#12 (permalink)
burnsmustang Senior Member Join Date: May 2005 Location: NY Posts: 154	i was thinkin yeah im gona have to drive mine this winter too, i kept my stock rims for snow tires than il just throw some sandbags in the trunk so im not fishtailin like crazy. id prefer to buy a jeep for winter use only but ive got other plans for my $ so il be drivin my mustang __________________ ~2002 mustang v6~ <mods> flowmaster exhaust -K&N cold air intake window tint -17x9, 17x 10.5 chrome bullitt rims 1.5 ford racing lowering springs interior brushed aluminum panneling -bullitt shifter bezel, e-brake *chin spoiler

08-26-2005, 11:14 AM	#13 (permalink)
MattJ Senior Member Join Date: Dec 2004 Location: Racine, WI Posts: 10,243	Driving it in the winter is a lot easier than people make it out to be. I got stuck in my driveway with a foot of snow, and that was the only time. I had to be pulled out of my front yard by my boss. __________________ 2001 Mustang GT Premium - Mineral Grey

08-26-2005, 11:24 AM	#14 (permalink)
4.6 Love Super Moderator Join Date: Sep 2004 Location: Mexico Posts: 6,154	I drive my pony all yr round! Rain,snow,sleet whatever, she's been through everything! __________________ Go Cowboys! X pipe and flows

08-26-2005, 11:42 AM	#15 (permalink)
madmatt Traitor...lol Join Date: Sep 2004 Location: Lexington, SC Posts: 7,929	Tehass gets snow? __________________ RPMPlanets

08-26-2005, 01:08 PM	#17 (permalink)
foncarelli Everyday Im Hustlin Join Date: Jun 2005 Location: Ecorse, Michigan Posts: 3,654	State Farm will let you have comprehension on your vehicle if you tell them its a luxury and that you dont drive it in the winter. But you have to be in accordance with your bank or credit union. Have the insurance company fax a letter to your creditor about dropping the full coverage because the vehicle is in storage and supply evidence of where it will be stored. I do this every year but i had some slight problems when i was still making payments. __________________

08-26-2005, 01:19 PM	#19 (permalink)
ColoradoStang american muscle Join Date: May 2005 Location: denver - getting slowed by elevation Posts: 205	storage? hahahahahaha youre funny out here in CO we drive the stangs all year round baby __________________ 1997 Mustang GT - 5-speed - Black on Black 3.73 gears/Flowmaster Exhaust/"K&N" Intake/CenterForce Dual Friction Racing Clutch/Nitto 555's/Kenwood CD Player '97 Mustang GT Best ET: 14.3 @98 (sae corrected) Currently saving for some BOOST!

08-26-2005, 01:33 PM	#21 (permalink)
StangGT804 Shut Up & Lift Join Date: May 2005 Location: Chesterfield, VA Posts: 1,281	I hope VA doesnt get snow dis year!!! I wont be able to get out of my HILL of a driveway! lol But well see! __________________

08-26-2005, 07:24 PM	#23 (permalink)
95bstallion Banned Join Date: Nov 2004 Location: Findlay Ohio Posts: 1,626	Parked :) Mite sound a bit early but i just parked my stang for the winter and i wont get it out till late april most likely its a rust free body and im keeping it that way. School started and i refuse to drive it soo a bunch of kids can key it soo i just drive the pt