Well, where I live that is not allowed by law. You must have an insurance and if you don't you will get an expensive one automatically to protect others. The se

Well, where I live that is not allowed by law. You must have an insurance and if you don't you will get an expensive one automatically to protect others. The second problem is that if somebody causes an accident for me, that person needs to be able to pay. Without an insurance what's ensuring me that there's money on the other end? The only viable alternative to monthly payments is to have a big sum up front or the safety to take a loan if something should happen.