Should you report an accident that your fault if do not have insurance?

If you are involved in an accident that is your fault and do not have insurance, it is important to report the accident to the police. In most states, it is a legal requirement to report any accident that results in injury or property damage. Failing to report an accident could result in fines or even jail time.

In addition to the legal consequences, reporting an accident that is your fault can also be important for practical reasons. If you do not have insurance, you will need to pay for any damages that you cause. By reporting the accident to the police, you can create a record of the incident that could help you in the event of a lawsuit.

It is important to note that reporting an accident that is your fault will likely increase your insurance premiums. However, it is still important to report the accident, even if it means you will have to pay more for insurance in the future.