If your current vehicle has a lien holder that requires you to maintain insurance on the car it, than you will need to do so until the car is paid off. Once it is paid off you could take insurance off of it, but to do so without penalties in Florida you would need to surrender your license plate and registration of the vehicle over to the FL HSMV.

Florida mandates minimum car insurance of $10,000 personal injury protection and $10,000 of property damage liability if you own a vehicle. This insurance needs to be carried continuously through the licensing and registration period of the vehicle unless as stated above you surrender the tags and registration. To sell your vehicle you will want to have it registered so the buyer knows the car is legal to be on the road.

You do not want to cancel your insurance on your old car without surrendering these items or penalties such as license suspension can be imposed on you. If you are able to sell your vehicle and take possession of the car your mother is giving you, contact the Department of FL Highway Safety and Motor Vehicles about how to transfer your plates from one vehicle to the other.