Depending on the hope that the car you left in a dealership under a SOR agreement might be covered by that dealerships insurance for anything, if/ when they may have become crooked, have cash flow problems, or worse, seems to be just a tad on the risky side..?
I suspect in the case of a failed business that perhaps the inland revenue would seek to have preferential treatment as a creditor...? Yeah, perhaps best to be adequately insured..?
p.s. I also have no connections to insurance companies as anything other than a customer.