Yes, depending on the following factors; The value of the automobile; lost to theft, vandalism, or fire. The fact that insurance is a criminal enterprise in itself, where in, if you allow your insurance to lapse or cancel it you will face significantly higher prices when you again insure an automobile; They treat you like a first time driver in most cases.
No, the car isn't worth enough to worry about the loss. Your going out of the country for one or more years; therefore, the cost of increased prices to insure the vehicle on your return is more than off-set by not insuring it while your gone. Check on this important factor before reaching a conclusion.
Caution: Any insurance company will tell you that the vehicle must be insured as long as you own it, running or not, and there is the following to consider:You are always responsible for a vehicle you own. Millions of vehicles are running around that are registed in the names of people who no longer know where the vehicle is or who owns it. You can find them on eBay all the time; Things like, no title but comes with a bill of sale. If the bill of sale is from an original registered owner, then, that will usually work to obtain a new title in the purchasers name. If not, the last registered owner is the legal owner of the automobile, halftrack, airplane, helicopter, zepplin, moped, ect., and, as such, they incure a certain amount of liability for the machines actions. How much? I have no idea, but I have used this on several occassions to convince a previously registered owner, who had sold the car and forgotten about it, to send me a bill of sale so I could re-register the vehicle, become the legal owner, and re-sell said vehicle. In one particular case, some years ago, I finally resorted to telling the suspicious legal owner that the car could roll down a hill and maybe crash into the police station? Accidents can happen you know...well, I guess it worked, I finaly got a bill of sale for that vehicle.
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