Here's why:
* No risk of driving: Insurance primarily protects you from financial losses due to accidents, damage, or liability while driving. If your car can't be driven, you won't be involved in any driving-related incidents.
* No legal requirement: Most states require insurance only for cars that are registered and licensed for road use. A non-driveable car may not be registered.
However, there are some exceptions:
* Liability coverage: If your non-driveable car is parked on your property and someone gets injured on it, you might be held liable. Liability insurance can help cover your legal expenses and any related settlements.
* Comprehensive coverage: If you have comprehensive insurance, it may cover damage to your car, even if it's not being driven, due to things like vandalism, theft, or fire.
* State-specific requirements: Some states might have specific regulations regarding insurance for non-driveable cars, so it's crucial to check with your state's Department of Motor Vehicles.
Ultimately, the decision of whether to insure a non-driveable car depends on your individual circumstances, the risks involved, and your financial situation. It's always best to consult with your insurance agent to determine the best course of action.
