Driving your vehicle around without being covered by insurance can lead to some very bad situations, both for yourself and others. Despite this, around one in ten UK and US drivers are still on our roads without it and put everyone around them at risk. Lets look at 3 of the main problems that will soon be coming your way if you ignore the law and choose to drive without proper cover.
Penalties. There is a whole array of different types of penalty that you can face depending on where you are from and where you were driving. One of the most common penalties is getting points put onto your licence, which will then cause you premiums to increase, may effect other types of insurance you have and can even cause employment issues. There are a number of driving jobs for instance that require a 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 business van insurance for instance, you may even lose your whole fleet of vehicles.
Damage. If you are unfortunate enough to be involved in vehicle accident and you don’t have insurance, the fees for damage caused will take your breath away. If the accident is your fault then you will have to pay for not only your own vehicles damage but the damage done to every other vehicle involved. Environmental costs can be imposed on you also for things like damage to road signs and even plant life.
Medical costs. If the worst should happen and you are involved in an accident that is your fault and causes people to suffer injuries, you’ll soon have some big extra costs to face. Medical costs can soon mount up and can include tests, operations, follow up meetings and even ongoing physiotherapy and other therapies. When all is said and done, it is always cheaper pay for insurance than risk the alternative
If you need vehicle insurance or alternatively insurance for small businesses then try Insurantz.com
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