Slippery slope of stowing seasonal vehicles
'Tis the season to stow seasonal vehicles. Producers can protect their customers (not to mention their agency's E&O exposure) by advising those who drop coverage to comp only that registration must be handled properly with PennDOT. The risk? Loss of essential coverage.
When an insured temporarily drops liability insurance on a seasonal or inoperable vehicle but fails to surrender the tag to PennDOT, he or she could be in for a shock. Pennsylvania law deprives an individual of first-party benefits if he or she owns a vehicle that is registered and does not carry financial responsibility — even if that person is injured in another vehicle that is properly insured.