As a Florida State resident, you must be able to show you can take financial responsibility for any incidents in which you and your vehicle are involved. Florida’s Financial Responsibility Law and Florida’s No-Fault Law both outline coverage you need to meet financial responsibility requirements and legally operate your vehicle.

Also, whether you plan to drive it or not, if you own a vehicle with a state license plate you must cover it with the minimum liability insurance requirements. Returning your license plate to a driver license or tax collector office is the only way to legally cancel your insurance.