Aryn Ellison

Question: I have a financed car can I take my car out of circulation to stop paying insurance?

Ok, my car has been broken for like 5 or 6 months already. It hasn't been driven at all. Right now it has an expensive fix. I was waiting for my taxes to fix it but I had my identity stolen so I may not get my taxes until December, if even that soon. Anyways, long story short...it's an expensive fix, about $2000...which I don't have. I've been paying for both the car and the insurance every month with the car not even moving. I know I have to continue paying the car. I'm going to verify with my bank, but I'd prefer not to get them involved until I have some details. Is it possibly to take my car completely out of circulation by turning in the license plate and then stop paying insurance until I fix it? I assume theres no need to have insurance if the car doesn't have a tag so it can't be driven. I live in Florida, if that changes anything. Paying $280 for insurance and not driving the car makes me sick...its worse than paying the actual car and not driving it.

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