Can I get liability insurance while I’m in bankruptcy? I’m currently going through bankruptcy and surrendering my car. I have full coverage on it, but since I’m not driving the car anymore until it’s picked up, I’m wondering if I can switch to liability coverage. This would help me save a lot of money. Thank you!
Can you liability insurance during bankruptcy?
Yes, you can typically change your car insurance to liability coverage during bankruptcy, especially if you’re no longer driving the vehicle and you’re in the process of surrendering it. However, you should check with your insurance provider, as they may have specific guidelines regarding changes in coverage, especially during bankruptcy.
Keep in mind that while lowering your coverage can save you money, make sure you’re aware of any potential implications, like what coverage you might need if you’re still responsible for the car until it’s officially surrendered. It’s also a good idea to consult with your bankruptcy attorney to ensure that any changes you make will not affect your bankruptcy case.