Accidents do happen and, no matter how careful a driver you are, the accident could be your fault. Then you might be faced with not only the total Loss of your auto but also a staggering debt of hundreds of thousands of dollars in bodily injury to someone else or damage to their property.

Most states require you to carry auto insurance. If you are involved in an accident, regardless of whose fault it is, you could jeopardize your drivers license if you do not have insurance.