If a police officer pulls you over in some states and you do not have insurance, your vehicle registration can be canceled and the license plates be removed from your vehicle. Other states allow for fines and require you to prove that you have insurance to the court. Insurance companies often charge more for filing this paperwork.
However fines and confiscated license plates are minor when compared to the cost incurred if you are involve in an accident without insurance.
Some states have laws that place financial responsibility of an accident on the driver without insurance. Even without those laws you could be financially responsible if you are at fault in the accident. Medical and property losses can be very large in even a small accident when you are paying out of pocket.
In addition to the loss of your own vehicle, you may be responsible for the damage you cause to the other vehicles involved in the accident. With new vehicles averaging over twenty thousand dollars today, the expenses can add quickly.
You will also have to pay hospital bills for anyone injured in the accident. A minimum emergency room visit is three thousand dollars and intensive care can cost three thousand dollars every day. Add the costs of surgery and you could easily be responsible for thirty thousand dollars per person involved in the accident. These costs can break you financially.
You may think that your are a safe driver and that you are not likely to get into an accident, but even the most defensive of drivers sometimes have accidents. Just a short distraction can cause accidents to happen. It can be a cell phone ringing or a child screaming that distracts you but you are distracted and traffic stops. You find yourself involved in an accident.
Perhaps you have heard the expression penny wise but pound foolish. That is exactly what driving without insurance is like. Insurance for most drivers cost less than one-hundred dollars per month. The money that is saved by not having insurance, however, can end up costing thousands of dollars.
Get info about saving money on Peoria auto insurance and also finding Chandler car insurance quotes and rates.
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