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Originally Posted by dz0
That is exactly what I meant. You don't RIDE without insurance, but if for some reason you wanted to buy it (the plate) now which requires insurance - you can. But the primary point being if you had no vehicle insurance - you can get a policy, and then cancel it before the term is up and get a refund.
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No argument about being able to cancel your insurance policy and get a partial refund, but in NC, if you have a license plate and don't return it before canceling your insurance, you'll get fined. You don't have to ride to get in trouble. I believe there are other states that have the same kind of rules.
From the NCDOT:
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Do not cancel your liability insurance coverage before you turn your plate in or you will incur a penalty.
North Carolina law requires you to have liability coverage in effect on your vehicle during the entire time it is registered and the license plate is in your possession.
If you plan on putting the vehicle in storage or do not plan to operate it for an extended period of time, you must surrender the license plate to your local license plate office before canceling your liability insurance coverage.
Cancelling your liability insurance before returning the license plate incurs a civil penalty for failure to maintain continuous insurance coverage.
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