Driving any sort of vehicle without insurance is not only against the law but it could wipe you out financially. Even though this is case, 10% of drivers both in the US and the UK still use their vehicles without it and risk the consequences. Below are some of the most common problems that you will encounter should you defy the law and use your vehicle without getting it covered first.

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. You can get points of your license which will affect your future insurance premiums and may even affect what jobs you can do. Most driving jobs for instance, request that you hold a licence that is free of penalty points. 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. If you are unlucky enough to have an accident and your vehicle is not covered by insurance, you will soon know about how expensive vehicle damage is. 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. you can even find yourself paying for damage to things such as road surfaces and even road side vegetation.

Medical costs. If the worst case scenario takes place and either yourself of someone else gets injured by your uninsured vehicle, the costs could be even steeper. 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. At the end of the day it is really a lot cheaper to get insurance in the first place, as opposed to facing the inevitable fees

If you need vehicle insurance or insurance for small business then try Insurantz.com