1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    If you live in a state that requires auto insurance you could be ticketed, fined, and possibly have your license suspended or revoked depending on your mvr history. Worse yet is the thought that you are involved in an accident now you possibly incure the previous along with being financially responsible for an damages that you caused. This could devestate you and your family financially for the rest of your lives. Contact your local agent to get coverage today, don't risk it.
    Answered on May 7, 2013
  2. 155 POINTS
    James Hazzard, CLCS
    Account Executive, Samuelson Insurance Agency, Portage, IN
    In addition to losing your license and visiting your local jail, you could subject yourself to financial ruin by not carrying auto insurance.  The primary purpose of auto insurance is to protect yourself and others in the event of an accident.  The vehicle itself should really be the least of your concerns.  Dependent upon the circumstances, auto insurance could provide you coverage for injuries sustained by you. your passengers and others involved in the accident.  Additionally, auto insurance could provide you with legal defense in the event you are sued.

    These are only some of the consequences you could face by not carrying adequate auto insurance.  That's why it is important to have an agent you can trust where you can sit down to discuss how to best protect yourself.
    Answered on May 7, 2013
  3. 360 POINTS
    Frank Bisarek
    Agent/Agency Owner, Encore Insurance Group of Omaha, Omaha, NE
    If your state requires you to carry liability insurance or financial responsibility then in order to comply with the law while operating a motor vehicle.  Most states are different in the laws and the amount of coverage you must maintain to legally operate a motor vehicle.

    You can be subject to jail time, SR-22, inflated rates for a period of up to 5 years, financial ruin for you and your family and possibly the individual/s if you have an accident and you do not have any or enough insurance to pay for thier property or bodily injury. 

    Find yourself a local agent and find out the options for you.  There are many companies that specialize in just about any persons scenerio or stage of life.
    Answered on May 7, 2013
  4. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    In almost all states within the United States, if you are pulled over by the police and found to not have any auto insurance coverage you will be fined, possibly have your license suspended or revoked and possibly receive jail time. Please remember every state set its own regulations for auto insurance. To find out your states regulations for auto insurance, I would recommend contacting the department of motor vehicles or your state's commisioner of insurance office.
    Answered on June 20, 2013
  5. 1265 POINTS
    Drew Delaney, J.D., CLCS
    Commercial Lines Producer, Secure Investors Group, INC, Troy, Michigan
    Driving without car insurance can have both legal and financial impacts upon your life.

    Caveat, this is geared towards Michigan drivers. 

    Financially:  if you get into a collision and are negligent, you could be sued for physical damages to the other driver/passengers.  Without insurance you will be on the hook for the entire judgment against you.  Furthermore,  if you are driving a new car you will either be out the money you spent on the car, or you will owe the leasing company or lender the value of the car.  

    Legal:  in Michigan driving without proof of no-fault insurance can result in a $500 ticket and three points on your license.  So you will be out $500 immediately, and a huge increase in your insurance upon renewal.  This is assuming you will still have the same insurance and not get a non-renewal notice.  

    I hope this helps.
    Answered on August 9, 2013
  6. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    First and foremost, if you are involved in an accident that you are deemed responsible for then you would have to pay out of your own pocket for all vehicle damage, property damage, bodily injuries, and any other expenses associated with the accident. You could also be fined by police for not having insurance and depending on the circumstances you could possible have your license revoked or suspended.
    Answered on October 29, 2013
  7. 255 POINTS
    Randy Lamm
    Most states require vehicles that are registered for road use to be insured; likewise, most states require that if a person is driving a vehicle, that they have insurance as well.

    The type of insurance that most states require you to have is liability coverage. Liability coverage is also referred to as third-party insurance. Liability insurance really doesn't do anything for you; rather, it provides coverage for injury/damage that another party incurs that you are responsible (liable) for.

    If you are driving and you don't have the state required insurance, there are several things that can happen to you.  You can get cited for a violation for not having insurance and your vehicle can get towed. If you are involved in an accident and you do not have insurance, there can be problems even if the accident is not your fault.  If the accident is your fault, then there can be a lot of issues.  In addition to getting cited and having your vehicle towed, you can be sued by the party you injured for their damages (damages can include property damage as well as medical expenses).

    We've had some clients that were responsible for an accident that at the time did not have auto insurance; in addition to some of the problems listed above, they were sued and that resulted in a lien being placed on their home. 

    Insurance laws and regulations vary from state to state, and also vary based on if you have a lien (note) on your car. I suggest contacting your professional insurance agent to review your situation to make certain you remain "legal" in the eyes of your state and help eliminate any potential problems that can arise.
    Answered on April 23, 2014
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