Most states only require drivers to carry liability insurance. There are exceptions. If your vehicle is financed, the lender will want you to have full coverage in case it is totaled. This protects their investment. When you think about what could happen if you are caught without it, the cost of liability insurance seems minimal.
Losing Your License
One of the consequences of driving without insurance is the loss of your license, particularly if you are in an accident. If the accident is your fault, losing your license is the least of your worries. The other drivers insurance company will probably sue you for damages. It does not matter if they had uninsured motorist insurance. You are still responsible for the damages.
If you get stopped for any reason and have no automobile insurance, you are facing hefty fines, possible jail time, suspension of your license and registration, and your car may be impounded. By the time you pay all of these fees, you could have paid for insurance a few times. One example of a company that offers car insurance lodi ca is Eugene C. Yates Insurance Agency.
If you manage to get everything taken care of and get your drivers license reinstated, the amount you pay for insurance will be higher than it originally would have been. Why is this? You are now considered a “high-risk” driver, and insurance companies charge more for coverage. Depending on where you live, you could end up paying hundreds of dollars more for insurance.
Even if you think you will never get caught, you could be in an accident that is not your fault and when the police arrive, they will ask for proof of insurance. You can also be stopped at a check point, because you resemble someone the police are looking for, or an alleged violation. When you consider all the problems that can possibly occur when you drive without insurance, you will probably decide it is not worth it.