ALL >> Insurance >> View Article
Consequences Of Not Having Auto Insurance

Imagine you do not have auto insurance and meet an accident. It is a dangerous situation. You face many problems. Driving without vehicle insurance is a crime. Sometimes even though it is not your fault you may get zapped, if you are unlucky. The following are the consequences you will have to face when you get into accident without an insurance cover.
Fines
You have to pay big fines for damages incurred in the accident. The fine varies from state to state, but it is heavy.
License suspension
When you meet an accident with more than limited damages your license will get suspended for 30 days to six months based on damages you incur.
Lawsuit
When a person is injured in the accident that you are responsible for, the other party will sue you for the damages. In such a case, you have to pay for the injuries or damages that happen to the people as well.
The damages may include property damages, medical bills, pain and sufferings, loss of wages, loss of enjoyment in life, etc.
Sometimes even small damages also cost you more ranging from ten to thousands of dollars. If ...
... you lose one of the lawsuits, the court will issue a judgment that may be executed against your bank account, your house, your wages, and sometimes even your personal property in the future.
Purchase auto insurance
Purchasing auto insurance helps in situations just stated. You will also get the benefits/protections like indemnification and defense. These two protections are very essential when you are enough unlucky to be faulted with in the event of an accident.
Indemnification
The insurer will pay for the damages incur in an accident, and you are responsible for the policy limits, if the damages exceed the policy limits, you have to pay from your own pocket.
Defense
The defense lawyer will convince the court of law in your favor when you hire them and they will charge the amount on the basis of hours. The hourly rate is normally $150 to $200 per hour for defense attorney.
The case should be solved early because if it extends for years, it will be expensive for you. The law requires your insurance company to hire a defense lawyer and help you in paying the amount.
Thus, when you are implicated in an auto accident, you may face such hassles that bring anxiety and stress. It is for this reason that you should purchase auto insurance. Purchasing an insurance cover according to your need will help you protect yourself in the unfortunate event of an accident.
Big-topics.com cover important topics on several categories including home, recreation, health, and business. It focuses on providing unbiased and functional information on significant topics to understand things easily and quickly.
Add Comment
Insurance Articles
1. Behind The Music - The Musical Instrument Repairers Who Keep Tours AliveAuthor: victor12johnson
2. Why Wealth Management Companies Are The Secret Sauce To Financial Success
Author: Drishti Desai
3. Protecting Your Passion - Essential Tips For Touring Musicians
Author: micheljordan4
4. Caring For Your Flute: Maintenance Tips Every Flutist Should Know
Author: musicinstrumentsins
5. The Social Media Effect: How Short-form Music Videos Are Beneficial For Musical Instrument Retailers
Author: victor12johnson
6. Assurekit Is Changing The Insurance Game—here’s How Your Business Can Benefit
Author: Gaurang
7. How To Compare Private Health Insurance In The Uk: A Comprehensive Guide
Author: Finance Advisors
8. Orchestras Meet Tech - How Virtual Reality Is Transforming Classical Music Performance
Author: micheljordan4
9. Why Private Healthcare Insurance In The Uk Is Becoming More Popular
Author: Finance Advisors
10. The Comeback Of The Clarinet - Why Gen Z Is Rediscovering This Classic Instrument
Author: musicinstrumentsins
11. Nyc’s Top 5 Recording Studios You Need To Know About
Author: victor12johnson
12. How To Find A Health Insurance Broker In The Uk You Can Trust
Author: Finance Advisor
13. What To Look For In A Health Insurance Plan If You Are Buying After 50 In The Uk
Author: Financial Advisor
14. Why Viola Insurance Is Essential For Professional And Amateur Musicians?
Author: micheljordan4
15. Top 5 Most Famous Bassoon Players Of All Time
Author: musicinstrumentsins