How Car Insurance Helps After an Accident?

Driving with car insurance is effective in handling the consequences of an accident. Car insurance Lethbridge is a requirement by law in 2025. You can face many legal and financial problems and put yourself at risk without car insurance. In addition, if you don’t have car insurance, here’s what you might face after an accident.

If you’re interested to learn more, visit https://www.facebook.com/schwartzreliance/


Legal consequences

The most prominent risk of driving without insurance is the legal consequences you face after an accident. In Canada, it’s illegal to drive without a car insurance policy. You will have to pay fines if you face an accident and are without insurance. It can also lead to suspension of your driving license, or the authorities can arrest you. Your vehicle can be ceased, too.

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Financial liability

Having commercial insurance Lethbridge can help you insure for any damages to commercial vehicles. In accidents, you have to pay for the repairs or damages. You are also liable to pay for the medical expenses. It is when having insurance can help you save money without putting you in a vulnerable position. And, if by any chance, the accident involves serious injuries or death, you will be liable to pay even thousands of dollars.

Juggling with claims

If you have the insurance, the insurance company handles the claims. In addition, you’ll only be in charge of the deductibles. If you don’t own car insurance, dealing with all the claims can be complicated. The other passenger or driver can file a lawsuit against you and recover their costs. Further, it will result in wage garnishment if the judgment is against you.

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Dealing with lawsuits

Without car insurance, you can face legal actions by the other driver to recover their damages. If they file a lawsuit for medical expenses or property damage, you might face significant financial trouble without insurance. 


High cost of medical and other bills after accident

Without insurance, the cost of covering car repair and medical bills after an accident is considerably higher. The cost of fixing your vehicle alone can cost you a fortune. On the other hand, paying for personal injuries can further exceed your budget.
                                         
About Schwartz Reliance Insurance:

Schwartz Reliance Insurance has a varied range of insurance plans to choose from. It includes insurance for businesses and Lethbridge home insurance. They have the best insurance coverage plans personalized as per your preferences. It is the best firm for all your insurance needs.

For more information, visit: https://schwartzrelianceinsurance.com/

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