No! Every state in the U.S. somehow holds drivers accountable for their actions. Most states require drivers to have auto liability insurance. States that don’t require auto liability insurance have financial responsibility laws in place to protect accident victims. Furthermore, if your car is being financed, your lender probably requires that you hold both comprehensive and collision insurance as a term of your loan agreement.
How is a financial responsibility law applied? At the time of the accident, the driver must be able to prove his or her ability to cover the costs of the accident. This is true regardless of whether the collision was the driver’s fault. The driver’s failure to prove an ability to pay can result in suspension of his or her license and/or revocation of the vehicle registration.
Remember that auto insurance exists not only to protect others, but also to protect your own health and financial assets. A single accident can cause enough damage to send someone into bankruptcy and years of legal hassles. Thus, it would be shortsighted to think that driving without insurance is worthwhile in the long run, or even for a single trip.
Consumer advocates recommend that people purchase more than the minimum legal requirements. For instance, they recommend carrying at least $100,000 in bodily injury protection per person, plus $300,000 per accident. These figures are at least double the amount of each state’s minimum requirements.
{ 1 comment… read it below or add one }
It really does not pay to not have auto insurance. Coming from a personal experience I truly wish I could turn back time.