Do I Have To Carry Car Insurance On A Car Not Being Driven And Parked On A Private Owned Lot? 
That is an excellent question ! If the car is registered , then most of the time there will be a minimum amount of insurance that has to be carried . If you do n't register the car , and do n't plan on driving it return your plates , and drop your coverage . If you plan on driving it periodically , ask your insurance company if they offer a limited use policy , or a one day policy that will allow you to legally drive it . I do n't know where you live , butif there is a chance that the vehicle might get vandalized or damaged , you may want to keep a minimal cost coverage on the car . Thanks for asking ! 