Most of us do our best to obey the traffic laws. Sometimes though, the weather, the sun’s position in the sky or some other factor can work to trigger a collision. Following such an occurrence, the evidence gathered by the insurance company might suggest that you are to blame.
A determination of fault is not made at the accident site.
No driver should admit fault while still at the scene of a collision.
The drivers involved in the accident do need to exchange their information: name, contact information and insurance company.
What if the accident took place in a no-fault state?
In that case, you would be able to obtain payment for medical bills, even though you had caused the incident. By the same token, you could get reimbursed for other losses, such wages missed, due to the days when you could not work.
Still, you would need to keep in mind what action might be available to the other party, depending on where the accident took place. If that driver or any passengers had sustained a major injury, then the sum total for the damages might be so great that the other party would be allowed to file a lawsuit. In that situation, you would be the target of the pursued lawsuit.
What would happen if you had insurance, and the accident did not take place in a no-fault state?
In that case, your insurance company should defend your claim in court. The extent of coverage provided to you would depend on the terms of your policy. Of course, you should expect to be paying higher premiums, after you have enjoyed the insurance company’s services.
Suppose that you had not bothered to buy car insurance; what would happen then?
In that case, the other driver would have the right to seek compensation by accessing your assets. If you did not have many assets, you could not pay the other driver much in the way of compensation. Still, you could get stuck dealing with an inundation of phone calls from both attorneys and debt collectors.
While those Personal Injury Lawyer in Mississauga and debt collectors tried to access something of value from whatever you possessed, you would be busy trying to create your own pool of funds. You would need money that could cover the repairs to your vehicle. Moreover, if anyone had been injured, you would need to pay for the treatment of those injuries, as well.
Furthermore, you could get punished for choosing to drive without insurance. The penalty for that violation would be determined by the state that issued your driver’s license. You might have your license taken or suspended, while being expected to pay a large fine.