Can I Not Pay Insurance for a Car That Won't Be Driven for a Year?

[SamuelAnn]

It is best not to skip paying insurance for a car that won't be driven for a year. If the vehicle reaches the time for insurance renewal but the owner fails to renew it and lets it lapse, the owner may face an increase in the insurance rate upon renewal. Additionally, a vehicle that has lapsed in coverage will require a new inspection when renewing the insurance, adding to the procedures and causing more inconvenience for the owner. Here is some relevant information about vehicle insurance: 1. For vehicle insurance, commercial insurance can be completely canceled, while compulsory traffic insurance cannot be canceled if the vehicle's registration is canceled or if the vehicle is stolen. However, compulsory traffic insurance can have its coverage period extended. If the proper procedures are followed, there will be no adverse consequences. If the owner does not file for a suspension of use with the vehicle management office, the vehicle may lapse in inspection, leading to penalties or even cancellation of the vehicle's registration. 2. If the owner neither files for a suspension of use nor pays the insurance and vehicle tax, when renewing the insurance the following year, the owner will be required to pay the previous year's vehicle tax along with late fees (calculated daily). Additionally, the compulsory insurance rate may revert to the original price, and commercial insurance may lose any previous discounts, among other consequences.

[LaZachary]

Not paying insurance for a car left unused for a year is a bad idea. Legally, most regions require vehicles to be insured regardless of usage, otherwise you risk fines or towing. For example, in New York, fines can exceed $1,000 and may impact your driver’s license. If the parked car is stolen, damaged by natural disasters, or involved in an accident while uninsured, you’ll bear full repair costs. When reinstating coverage, insurers may label you high-risk, leading to steep premium hikes. As a car enthusiast, I recommend opting for suspended or storage insurance to cover basic risks—it’s a hassle-free solution. For long-term storage, periodically start the engine to prevent battery drain and avoid costly repairs when reactivating the vehicle.

[SanAddyson]

As an ordinary person, I can understand the idea of saving money by not paying for insurance, but you'll regret it once you try it. Parking your car for a year without driving may save you less than a thousand yuan in premiums, but the risks are huge: without insurance, your car could be hit or stolen on the roadside, and you'd have to bear the losses yourself. When you reapply for insurance, the rates will skyrocket. Storing a car requires safety measures, and aging batteries or deformed tires will need repairs, costing even more. I've checked, and many insurance companies offer affordable low-mileage insurance, which is worth considering. In short, those small savings aren't worth it—if something happens, it'll hurt your wallet.

[Catherine]

Not having insurance for a car left unused for a year is not advisable. From a safety perspective, parked vehicles may face risks like theft or fire, and without insurance, you'd bear all the losses. Regulations also mandate insurance coverage even for parked cars, with penalties and towing hassles for non-compliance. I once left my car parked and later incurred hefty repair costs—fortunately, insurance had me covered. It's wise to opt for basic insurance for peace of mind.