Driving any sort of vehicle without insurance is not only against the law but it could wipe you out financially. Despite this, around one in ten UK and US drivers are still on our roads without it and put everyone around them at risk. Here is an explanation of some of the problems you might face if decide to drive your vehicle without covering it with the correct insurance.
Penalties. If you get found without insurance there are a number of different penalty options that you can have thrown at you depending on where you are driving. Getting points put on your lenience is one of the most common and this will have a knock on effect for things like future insurance costs and even employment. For example, if you want to take a driving job, you will more than likely need to have completely clean licence. You will probably get a fine as well, which is likely to be pretty steep and definitely more than it would have cost you to get insurance in the first place. If you are an employer and you don’t have lets say business vans insurance for example, you may even lose your whole fleet of vehicles.
Damage. Should you have an accident and not be insured, you will learn very quickly about how expensive damage to vehicles can be to put right. Not only will you be footing the bill for your own car's damages but any other vehicles involved will have to be repaired using your money if the accident was your fault. Environmental costs can be imposed on you also for things like damage to road signs and even plant life.
Medical costs. If your vehicle causes an accident that leads to either yourself or other becoming injured, you'll have even heftier costs on your shoulders. Medical costs tend to spiral quite rapidly and can go on for years after the accident when people claim for ongoing physio or operation costs. To be honest, you'll end up spending a great deal more that it would have cost you to get cover to start with
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