Car Accident With No Insurance
A recent study conducted by The Insurance Research Council found that approximately 15% of all drivers in the state of California are uninsured. With the economy still not picking up many motorists simply can’t afford to insure their vehicles. This has become an epidemic in Los Angeles as well as other southern Californian cities. There seems to be a direct correlation between to the percentage of individuals who carry auto insurance and the financial strength of the U.S. economy. With the levels of prosperity the U.S. saw in the mid-2000s, there was a steady drop in uninsured motorist rates. Since 2008, rates seem to be rising in regard to the decline of America’s overall financial picture.
The DMV recommends that drivers get uninsured driver insurance from their insurance carrier. The DMV also imposes penalties on motorists who choose to drive without auto insurance. You may want to look into getting Uninsured bodily injury coverage as well because if you get injured by an uninsured motorist you need to have a safety net to cover any potential medical injuries.
If you’ve been involved in an accident with an uninsured driver then the fact is you have little to no recourse. You can try to sue that person, but you probably won’t get anything because if they can’t afford to pay their insurance they probably don’t have any enough assets to make a lawsuit fruitful. This is why it’s so important to have at least uninsured driver insurance.
10 states with the most uninsured motorists
The top 10 states include:
- Oklahoma: 25.9%
- Florida: 23.8%
- Mississippi: 22.9%
- New Mexico: 21.6%
- Michigan: 21.0%
- Tennessee: 20.1%
- Alabama: 19.6%
- Rhode Island: 17.0%
- Colorado: 16.2%
- Washington: 16.1%
The fact is if you get into an accident without insurance in Los Angeles, you face a series of fines and penalties. You leave yourself open to lawsuits, you will probably have your car impounded, and you may have your licence suspended for up to 4 years.
The bottom line is it isn’t worth driving without insurance, or having insurance that doesn’t cover an uninsured motorist.
In its “Uninsured Motorists” study, the IRC found that the number of uninsured motorists peaked in 2009 at 29.9%, and has been declining moderately ever since. In 2012, just 29.7 million were driving without insurance.