What Happens If I Have An Accident And No Car Insurance? – Nothing good comes from not have any car insurance and ending up in an accident. They do happen in life and are sometimes unavoidable, but you can avoid being on the road without any protection. Protection in this form comes in the shape of car insurance. Be sure to get some.
If you are not able to get any car insurance and are still feeling dangerous enough to drive, then you are putting yourself in some serious risk. This would definitely not be an Invest With Passion decision you are making as you are going to put your legal and financial future at risk. Not good decisions at all. Accidents happen in life. This is something we all can agree on. Therefore, if you can, you want to make sure you have car insurance because having none can be very costly for you.
What Happens If I Have An Accident And No Car Insurance?
What Happens If I Have An Accident And No Car Insurance?
Driving without car insurance is a terrible decision if you are serious about your financial future. If you were to have an accident, then this would just devastate your retirement, saving, even family plans. There are a few reasons for this, so let’s make sure we discuss each of them.
Here is the scenario. You are driving along, uninsured I must add, minding your own business. You begin thinking about your future and the family you desire to have when you accidentally run a red light because you are not paying attention. You side swipe a car with only one passenger in the car. The car is totaled and the person is injured. Nothing life threatening, but they are hurt bad enough to go to the doctor a few times for back problems.
Here are a few of the problems you could face as a result of driving and having an accident with no car insurance.
Legal Problems – First of your troubles are legal. Most stages have a law in place that says you must have at least “No Fault” car insurance on the books. Therefore, right off the back you are creating problems you don’t want in your life. Going to court, facing fines, even possible jail time doesn’t seem worth it not to have some car insurance, which will only cost you a few hundred dollars for six months.
Pay for Damages to Car - With car insurance, the damages to the car you wrecked would be paid by the insurance company. Since you don’t have any insurance, you must pay for the victims damaged car. In our scenario, the car was totaled, which means you need to buy them a new one. This can put a serious damper on your financial goals paying for them a new car.
You also still need a car or at the very least to get your car fixed. With all your extra money going towards the victim’s car, you may be forced to take public transportation to get around and attempt to make a living.
Pay for Hospital Cost – As if that wasn’t enough, the doctor bills of the victim will need to be paid by you as well. The insurance company usually pays these fees as well. You would only be responsible for the deductible normally. No insurance puts you on the hook for the entire amount.
Could Lead to Bankruptcy – Most people don’t have the kind of money necessary to pay out someone’s hospital bills and buy them an new car in the process as well. If you had this sort of money it is more than likely you would have gotten insurance in the first place.
Therefore, the solution most people select in these situations is to file bankruptcy to try and get past all the bills that accumulate during a situation like having an accident without any car insurance.
Trouble Getting Insurance in Future – Can you imagine even getting any insurance in the future after you have had an accident without insurance? It has to be next to impossible. If you did get someone to cover you, you can forget about only paying a few hundred dollars every six months. That number will more than likely increase with a seriously high deductible as well. You will be classified as a high risk.
These are many of the dangers you face when driving without car insurance. If you were to have a car accident, it could jeopardize your future and financial goals. Therefore, please take care of your business. Act like an adult. Get some car insurance, asap. - What Happens If I Have An Accident And No Car Insurance?
Not only is it dangerous to drive without car insurance, it’s also a great way to go to jail!
That is the truth. Get your insurance.
in every state it’ illegal, unless you are broke and love jail meal, get your insurance!
Yes, just get your insurance.