What Could Happen If You Drive with No Car Insurance?
The laws pertaining to car insurance will vary from each state and country; however, in the United States, most regions have a financial responsibility law, which dictates exactly how much insurance a driver should have to drive on public roads. The minimum required is liability insurance, this offers financial restitution to injured third parties, in addition to any damaged property. The driver’s losses are not covered. Failing to purchase this insurance will result in substantial fines, community service, and the loss of their driving licence for a year.
Today, mandatory vehicle insurance laws make it difficult to live life without some type of financial responsibility. Most lenders will not finance a vehicle until the borrower can provide insurance on the car. In the US, police are within the law to perform traffic checkpoints in order to ask for proof of coverage. Very few states will permit drivers to provide alternative proof of insurance, like a surety bond or a self insured policy; however, this is not very common.
If you know that you have no coverage and drive a vehicle, you will be held liable for medical expenses sustained by the other party when involved in an accident. You are also the one responsible for the restoration of the damaged vehicle to its previous state, or paying out of pocket expenses for a replacement vehicle. if a police officer finds out that you have no car insurance, you may be charged with a violation, and the court will fine you, give you community service, or suspend your driving licence. In addition to 3 points being added to your driver’s record.
if you are found guilty of violating these laws concerning vehicle insurance, you could find it harder to get coverage in the future. Insurance firms do perform background checks, in order to determine what they will risk when taking on new clients. Previous failure to obtain insurance will increase you premiums substantially or could even disqualify you completely.
If you live in or around the Sacramento, CA area, contact Bates Insurance Agency today at (916) 251-3548.