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Originally Posted by transplant99
I looked into this just yesterday.
In essence, it came down to saving about 30 bucks a month. Not worth it to me.
Also it was pointed out that if the vehicle taken off the policy was 10 or more years old, it would require a full inspection to be re-added.
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Who are you with? Fire/Theft coverage should be a fairly small amount of premium. Typically it's liability that takes up a good chunk of premuim.
And is this your actual insurer or your broker telling you it would need a new safety inspection. I know with Intact they will waive that requirement if it's an existing vehicle, they usually only do this on vehicles that are new to the policy.
And as a heads up as I see a ton of people making this assumption. Your home insurance DOES NOT cover vehicles parked in your garage. That's what vehicle insurance is for.