Even though it’s hard for many people to understand, there are many motorists who don’t have Auto Insurance in Ann Arbor MI. Some of these drivers neglect to obtain auto insurance in an attempt to save money, while others are unable to obtain insurance after having their drivers license revoked. What these uninsured motorist don’t understand is that if they are involved in an accident, the consequences of not having auto insurance can be harsh.
When an uninsured motorist is involved in an accident and the accident is ruled their fault, they are not off the hook simply because you don’t have insurance. In fact, many states have laws in place that allow the passengers in the car that you hit to sue you. This could end up being very costly for the uninsured motorist. In some situations an uninsured motorist has to pay thousands of dollars because of the damage that was caused to the other vehicle involved in the accident and medical bills for everyone who is involved. They could lose many of their assets, including their current savings, their home, or even future earnings. If an uninsured motorist is involved in an accident, they may find it nearly impossible for them to get auto insurance. If they are able to get a policy, they may be forced to pay extremely high rates because they will be considered a high risk driver.
If you don’t have Auto Insurance in Ann Arbor MI and you are stopped for a routine traffic stop, the officer will ask you to show them proof of insurance. When you’re unable to produce that proof, you could face some severe fines. In some states the penalty for driving without auto insurance is up to $5,000. Plus, your driver’s license could be revoked, as well.
If you’re currently without auto insurance, you should obtain a policy as soon as possible. If you don’t owe any money on your vehicle, you may be eligible for liability insurance, which is usually affordable for most people. If you’re involved in an auto accident before you’re able to obtain an insurance policy, you may want to contact an attorney for help.
For more information contact Finn’s JM&J Insurance Agency, Inc.
