I used to turn in the tags in the winter times and drop the insurance on my Z to save some money. If you can bare to store it, you could do that to save some bucks. You can put comprehensive only on it for just a few bucks a month. That would cover theft or disaster.
Course thats only maybe 100 a month or so savings. If you need a large lump sum you could always just sell yourself on street corners instead, or donate a kidney or testicle.