Getting insurance for a car without a valid driver's license is difficult because most insurance companies will require a license since that is one major basis upon which they rate the policy.

Without a licensed driver on a policy, the insurance company would be unable to rate the policy. So to get insurance on the vehicle your parents will likely need to have a fully licensed driver listed on an insurance policy. It sounds like due to your parents' age and them having no drivers licenses to drive themselves in the car you plan on purchasing for them, that you must have a person in mind to drive them in this vehicle and thus that person could be put on the policy.

Insurance companies' guidelines differ but if you shop around for auto insurance you should be able to find an insurance company that will allow the person responsible to drive around your parents placed on the insurance policy as the listed driver for your parent's vehicle. We have suggested this advice in the past and have heard back from several that they were indeed able to insure their parent's car (for parents without licenses of their own) by using the licenses of all of those who would be driving the car as the basis for rating.

Some companies are able to exclude the non-licensed drivers and list them on the policy as excluded as long as there is one licensed and insured driver on the policy.

There are companies that allow a person to insure a vehicle though they do not own or have "insurable interest" in a vehicle so this should be an option. Many states are aware of the situation elderly drivers have when they give up their license due to age and have helpful information on their DMV websites of how they can still get around and be mobile.

If you have difficulty finding the type of insurance you need for this situation with your parent's, try contacting your state's insurance regulatory body for consumer advice.