​panelbeater FINANCE

Car Accident With No Insurance: What Are Your Options?

 

 Accidents are bound to happen, but can become suddenly more complicated if one of the person’s involved does not carry insurance. Being involved in a car accident with no insurance can be a costly mistake.



 Even if you happen to be the person that has the insurance, many times the chances of recouping from the uninsured person will be minimal. As stated before, someone that is uninsured most likely is that way because he can’t afford it. It is possible to seek legal action against that person, but you will end up responsible for those costs if the person is unable to pay.



 Being the Uninsured Driver

It may be that you are the uninsured driver. If that is the case, it is still important to involve the police for a written report in order to protect your rights.  If the accident was not your fault, and the other person was insured, then his policy will be responsible for your damages.



 However, if the accident was a result of something you did, it is still important to have a written statement. It is possible the other driver may sue for damages, and you will need proof of what actually happened. If contacting an attorney is possible, it should be done in order to further protect your rights and assets.