In every state the law requires drivers to have car insurance. Some of the states require more insurance than other states do, but Arizona has an insurance or financial responsibility law. One of the expenses of driving a vehicle is the expense of insurance.
If you are pulled over by the police and do not have car insurance in some states, the police can confiscate the license plates to your car and your registration can be canceled. You can be fined in other states and be required to show the court that you now have insurance. If you must have insurance after being stopped without insurance, it may cost you more.
Fines and confiscated license plates are minor as they are compared to the price that is involved when you are in an accident and do not have insurance.
Some states have laws that place financial responsibility of an accident on the driver without insurance. Even without those laws you could be financially responsible if you are at fault in the accident. Medical and property losses can be very large in even a small accident when you are paying out of pocket.
In addition to the loss of your own vehicle, you may be responsible for the damage you cause to the other vehicles involved in the accident. With new vehicles averaging over twenty thousand dollars today, the expenses can add quickly.
If there is an accident you may also be responsible for medical expenses of everyone in the accident. A trip to the emergency room can cost three thousand dollars, intensive care can cost three thousand dollars a day and any surgeries will continue to add to the bill. One person spending a week in the hospital can easily rack up a thirty thousand dollar bill. Multiple persons in the hospital could put you over one hundred thousand dollars in debt.
Everyone likes to think that they are a safe driver and will not get into an accident. The problem is that even the most defensive drivers are sometimes involved in an accident. It only takes a second of your eyes being off the road and you can have a major financial responsibility.
Maybe you have heard the old expression penny wise but pound foolish. This expression is exactly the description of a person who is driving without insurance. Most drivers can purchase insurance for under one hundred dollars per month. Driving without insurance can cost you thousands of dollars in a few seconds.
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