1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    That can be a problem on a few levels.  There is, of course, the obvious.  If you have a car and no insurance, then if it is damaged in an accident or stolen for example, you pay for your own loss.  Without insurance, if you cause an accident, you'll also pay for the damages and poossibly injury to the other person and their car.  Needless to say, in either case, you are out quite a lot of your hard earned money. 
    But here is another problem you will have.  CT, like many states require car insurance in order to register a car. If you cancel your insurance, eventually CT DMV is going to catch up with you and the fines can be pretty stiff.
    Bottom line, the best advice for saving money is to buy and maintain quality car insurance protecting you for the coverage you need.
    Answered on August 29, 2013
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