* Safety Hazard: A failing wheel bearing can cause the wheel to seize or lock up, leading to loss of control and potentially a serious accident. This is especially dangerous at higher speeds.
* Further Damage: Continuing to drive on a failing bearing will cause increased damage to the bearing itself, the wheel hub, and potentially other components in the suspension and drivetrain. This will lead to more extensive (and expensive) repairs later.
* Potential for Complete Wheel Failure: In extreme cases, a completely failed bearing can cause the wheel to detach from the vehicle while driving.
While you might be able to limp along for a short distance at low speeds, it's crucial to get the bearing replaced as soon as possible. Driving with a bad wheel bearing significantly increases your risk of an accident and costly repairs.