Only cars you brought can be insured Im hoping.
Agreed. I'm hoping the rules will be as follows:
1) You can purchase cars and they become yours.
2) You can additionally insure the car (at time of purchase) for extra cost.
3) You can "lock" a car you own and other players then cannot steal it.
4) An owned, unlocked car can be stolen.
5) If an owned, insured car is destroyed, it will respawn at your garage.
6) If an owned, uninsured car is destroyed, it is lost.
7) If you steal a car, you cannot lock or insure it.
Only 7 days to find out though!