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It is Perfectly Legal To Drive Without Car Insurance In Virginia
(How you can protect your family from those who do)
Most people mistakenly believe that Virginia requires a minimum level of car insurance in order to drive. It's a myth.
Virginia actually allows you to register your car as “uninsured” and pay a small fee. This is perfectly legal (there is a check off box on the Virginia DMV car registration form.) More and more people are taking advantage of this option in recessionary times. When you couple that with the number of people who are illegally driving without insurance because they simply failed to pay their premium in time, but don't tell DMV that they cancelled, you can see that there is a significant risk that if you are in an accident, the person who hit you may be uninsured.
Virginia does provide a way for you to protect yourself and your family, through the purchase of “uninsured motorist insurance coverage.” This coverage is often not emphasized by insurance company salespeople yet it can be the most important, and cheapest coverage available.
Here's the problem. If you are in an accident with an uninsured driver (or one who has chosen to insure himself for $100,000 or less) your medical bills must still be paid. While you may have good medical insurance, another little known fact is that these days most health insurance companies want to be reimbursed out of your car accident case. This means that the first payment from your car accident case will go right back to your own health insurance policy. If the other driver is either uninsured, or has $100,000 or less, there may be no money to pay you for all of your medical bills, your lost wages and any award for pain and suffering.
Here's what you need to do. Find out from your car insurance company what it would cost to purchase $500,000 to $1,000,000 of uninsured motorist coverage. For most good drivers, this will cost less than $100 per year of additional premium. Then, if you or a family member are injured by an uninsured (or underinsured) driver, your own car insurance company will “stand in the shoes” of the other driver and provide you protection up to the limits of your uninsured motorist coverage.
Don't let an accident with an uninsured driver ruin your financial life. This insurance is cheap and effective.
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