Uninsured and in an accident: More on what to do

What do you do when you are at fault in a car accident, with a susupended license, and you have no insurance? This is a hard situation to find yourself in. Let me give a little advice.

The registered owner of the car is responsible for $15,000, generally. After that, they can come after the driver. If this is your car, it is not really a problem. If it is not your car, problem for the owner, who may not be happy with you. Of course, if the owner had no insurance on the car either, that brings down my sympathy level for them as well.

If neither one of you had insurance, you need to talk to the other party, or their insurance company, and see if you can work out a payment plan. That will be better than them getting a judgment against you. A judgment will stay on your credit. A negotiated settlement will not appear on your credit. You should, of course, have an attorney review any documents.

Good luck with these situations.