Your current auto insurance plays a large part in what kind of rates you will find if you change auto insurance plans. Make sure that you stay covered, and don’t let your policy lapse. If you are caught driving without insurance you could face license suspension and fees, and higher auto insurance quotes in the future. Financially, you could set yourself back substantially tomorrow if you don’t carry auto insurance today.
Driving while not insured also carries great legal risks. If you are in a tort state, and you are found at fault in an accident, you could be sued for the expenses accrued by the medical payments and car damages of the other motorist. In essence, if you don’t have insurance, you are responsible for paying for the other driver’s injuries or car damage out of pocket. If the collision causes serious injuries to the other driver, you could be faced with years of rehabilitation therapy bills, lost wage reimbursement, and doctor visits. Just think, for a minute, about the cost of medical procedures. This is enough to send most people into bankruptcy.
Always check your state laws when it comes to buying car insurance. Purchasing the minimum amount of liability will protect you, but it may not be enough if you are in a serious collision. If you are caught driving without insurance you will have seriously tarnished your driving record, and as a result, will have a hard time purchasing a new car or finding a new insurance plan.
As you can see, driving without insurance is never worth it. If you are worried that you need to find cheap car insurance, just take a look around online. The best way to find affordable rates is to compare quotes from different companies. In the end, you are protecting your future.