If you are involved in an accident without insurance, and can not pay the minimum, punishment in most states is loss of your driving privilege. Remember, consideration of your insurance needs is not a subject to be taken lightly. Accordingly, this information is not the substitute for the advice of an insurance professional. Most states have financial responsibility or compulsory insurance laws. These usually require a driver to prove he can pay up to a certain amount in case of an accident.
Most people can guarantee payment only if they have insurance coverage.
It is important to note that even if your state requires a minimum amount of personal injury liability insurance, it is probably too low to cover all of your potential losses. If you have much to lose, you should consider getting even more insurance and possibly checking into an Umbrella Liability policy. Remember, consideration of your insurance needs is not a subject to be taken lightly. Accordingly, this information is not the substitute for the advice of an insurance professional. This coverage, though, also applies to public and private property such as road signs, bridges or building, up to the limit written into the policy.