The car insurance is a must for all car owners. Not only prevents you from serving a sentence of incarceration in the case of a nasty lawsuit with an unfavorable verdict. It also protects you from incurring financial losses. You can lose any real property only to pay the bills of their accident.
According to state law, the consequences for being caught driving his car without car insurance you need varies. However, in most cases, requires proof of car insurance every time a police officer stops you.
If the agent finds that they do not have car insurance, you are required to appear in court. When this happens, they will face charges such as legal fees, fines and crew scheduling.
You will also be required to obtain the necessary insurance for your car, which will naturally be more expensive. In some cases, driving without insurance will serve time in jail and had his license suspended.
Now, if you are involved in a car accident and did not even have car insurance budget will face more severe consequences. You will be responsible for the medical expenses of the passenger or the driver of the vehicle injured. If you are injured and then you have to pay for their medical expenses.
If physical damage is severe, you may have to pay a few thousand dollars. If the damage is severe, the medical procedure can cost tens of thousands, sometimes hundreds of thousands of dollars. Having car insurance has put the cost of the insurance company.
In addition to medical expenses, you will pay for the cost of car repairs, a third party or his. If the vehicle is totaled the other party, then you should replace your car.
You must also incarceration, suspended his license and face fines. In other words, have financial and legal nightmares. It would be tough if you have the resources to pay all the costs. If your savings are not enough, then you should sell some of its assets.
There are cases, however, when you need to apply for compensation to the insurance company of the car elsewhere. This happens when the other driver is guilty. The process can be tedious to submit the request to the insurance company.
In some cases, the insurance company refuses to pay compensation, invites you to file a complaint against them. In other states, each car owner to charge their respective insurance company.
Getting insurance for your vehicle should not be expensive. SavingsFeature to keep your articles, you should be on time to pay the premium for your car insurance. Get your insurance before you have an accident or are stopped by a police officer. If you have an accident, your insurance will be much greater than if you bought before the crash.
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