Hello Insurance. Goodbye Risk.

About Me

Hello Insurance. Goodbye Risk.

When it comes down to it, all insurance really serves a single purpose. It reduces your risk. Perhaps you cannot afford to risk having to pay $100,000 if someone is badly injured on your property. You'd buy homeowners insurance to protect you from that risk. Maybe you don't want to have to shell out $20,000 for a new car if someone drives into the side of yours in a parking lot. You'd buy comprehensive car insurance to cover that risk. More insurance equals less risk. But how much risk do you need to protect against, and how much insurance is enough? Only you can answer that question, and you should have a better idea of your answer after reading the articles on this website.


Latest Posts

Everything You Need To Know About Business Liability Insurance
23 January 2023

With the ever-changing business landscape, protect

Why Is Motorcycle Insurance Different From Car Insurance?
19 December 2022

Whether you're thinking about getting a motorcycle

A Closer Look At Your Options For Auto Insurance Coverage
26 September 2022

When buying an auto insurance policy, you will hav

3 Reasons You Should Buy Business Insurance For Your Home Business
26 September 2022

In the wake of the COVID-19 pandemic, there are no

Is Personal Property Covered By Homeowners Insurance In These 5 Places?
18 August 2022

Your homeowners insurance protects your home and p

What Happens If You Don't Buy Auto Insurance?

Auto insurance is an expense that every driver needs to make. But, some individuals allow their coverage to end before they renew in order to try to save some money. While car insurance will cost you, it's important not to ignore this essential expense. Doing so can put you and other drivers in danger, and it can cause a lot of issues for you now and later. Keep reading to find out what happens if you don't buy auto insurance coverage.

You Won't Be Able to Register Your Car

Your state will want to see that you have car insurance in place before you're able to register or renew your car registration. This is a big issue and will prevent you from driving legally at all. 

You May Get Sued 

If you're involved in an accident and you're driving around without coverage, this is not good. The other driver may end up suing you to collect damages for their vehicle damage as well as medical costs. 

You'll Be Responsible for Your Car Damage

If you get in an accident that you cause and there is damage to your car, you'll be responsible for the costs needed to handle repairs. This can add up to a lot of money, even if the damage is minor. 

You'll Pay More for Coverage and Lose Policy Discounts

If you've been with an insurer for a long time and you choose not to continue paying your insurance bill, you can lose all of the discounts that you've built up. This will make your car insurance more pricey when you do decide to continue your coverage. Even if you don't have discounts in place, your insurance company will likely raise your premium rates in the future. 

You Can't Buy a New Car

When it comes time to buy a new car, you'll need to show that you have coverage. If you plan to take out a loan and buy a brand new car, it won't be an option without an active policy. 

You'll Face Consequences

You may face consequences, depending on your state's rules and guidelines. Some examples of penalties may include expensive fines, court fees, suspension of your car registration, suspension of your driver's license, and jail time. It's important to check into what your state requires and the laws that are in place so that you avoid these consequences. 

Don't drive around without car insurance. If you want to find more affordable auto insurance, reach out to auto insurance providers to get a quote for a new policy.