Undoubtedly your finance contract requires full-coverage insurance. They will want it insured because there are other causes of loss besides collision.
If the car if financed, the lender will require you to insure it. If you own the car, and don't drive it, you are not required to have insurance.
No. Auto insurance is just that ... an insurance policy for the automobile, and those who ride in it or drive it. If you have the full permission to drive someone else's car, and they have the proper auto insurance in full effect, then you are covered under their policy. If you are going to be driving their vehicle most of the time, then they need to add your name to the policy.
you can purchas auto insurance on any vehicle you want, even the presidents, as long as you have supporting documents.
You dont need insurance coverage yourself as long as the owner of the car you are driving has insurance on the vehicle.
I really dont know that answer.
There would be no point to that. To answer: No, obviously why would you need insurance if you don't drive a car?
if you dont pay it and get suspended yes it will affect you insurance
If the law requires you to have insurance (Auto Liability) or someone else does (your mortgage company, your auto lender) you could be in hot water if you don't have it. Otherwise, you don't have to have insurance.
If you have your own. Otherwise it is illegal to drive without insurance...and if you cause an accident and dont have insurance to pay for it you will be in really really big trouble.
Yes
dont tell them although that might be insurance fraud.
Yes, You can get a non owners insurance policy with an sr22 certificate for filing or you can be added onto someone Else's auto insurance policy and have the sr22 issued for your state The SR22 is not insurance though, it's a certificate (evidence) for your state as proof that you are now insured to drive after some past violation you had.