When finances are tight, you look everywhere you can to save a few dollars. Unfortunately, some people try to cut costs by dropping their automobile insurance. Not only is this illegal in many states, but it’s also dangerous. Here is a sample of what can happen when you drive without car insurance.

You Could Be Sued

If you cause an accident and you’re driving with no insurance, you’ll likely be sued by the other party. If you’re held liable for damage to the vehicle and medical bills, you’ll have to pay these costs out of pocket. It’s better to find out about auto insurance Merrit Island FL than to risk financial ruin when you’re not protected.

You’ll Pay Hefty Fines

Getting caught without automobile insurance can also lead to hefty fines, depending on the state. Other parts of the country may decide to impound your vehicle until you have proof of insurance. Driving without coverage may lead to jail time if you’re a repeat offender.

Possible License Suspension

Along with fines and impounds, some states will suspend or revoke your license and registration. A suspension will affect your ability to get to work and daily life in general. If you’re caught driving with a suspended license, jail time could be in the cards.

Higher Insurance Rates

Accidents cause insurance rates to go up, but if you’re caught driving without it, you’ll be considered an even bigger risk. Securing insurance in the future will cost you more than it would have if you had kept it. When you’re insured and have a good record, you’ll see your rate drop each year.

When budgeting is difficult, it’s helpful to let certain expenses go, but never drop car insurance. Car insurance protects you from lawsuits, prevents you from steep fines and license suspension, saving you more money in the long run.

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