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The Real Cost of Driving Uninsured

If paying your monthly insurance premium feels like a hassle at times, you may be tempted to let your policy lapse. Doing so will leave you and your car uninsured on the road. While some drivers consider the cost of insurance to be too large to be beneficial, looking at the costs of repairs for uninsured vehicles can be eye opening. The following infographic gives greater insight about the real cost of driving uninsured.

fix it yourself infographic
Presented By IFA Auto Insurance

Average Cost of Vehicle Repairs
If you are found at-fault in an accident while driving an uninsured vehicle, the cost of all repairs will fall on you. Whether or not you choose to fix your own vehicle, you are legally responsible for repairing damage done to another driver’s vehicle. While the average driver pays over $1,400 each year for a car insurance policy, the savings can be enormous if that policy is needed.

Lawsuits and Legal Representation
On top of the costs of repairing damaged vehicles in a car accident, uninsured drivers may also be held responsible for the costs of legal claims. An accident victim who is injured in a car accident may press legal charges against an uninsured driver resulting in lawsuits for:

  • Medical Costs
  • Lost Income
  • Pain and Suffering

The next time you think your insurance premium is too expensive, be sure to take these factors into consideration to see the real cost of driving uninsured.

Buying A Car Dealership Securely

When people want to make an investment in a car dealership, they need to look in a place like http://performancebrokerageservices.com/buy-a-car-dealership/ to get help making the deal work. These brokers are professionals who understand how to manage these deals to make sure that they go over well for both parties. If there is a large investment on the line, these brokers are the right people to manage that amount of money.

The Contract Price
The two sides need to negotiate the price for the investment, and the broker is the person who can mediate these deals. The broker knows the all the particulars for these deals, and they can use their expertise to guide the negotiation in the right direction. These sales are going to be very expensive, and the broker can help to make sure that both sides feel like they are making the right decision when they are signing the deal.

The Cash
The cash that is exchanged in the deal is something that must be handled by a third party. The broker can handle all the cash so that it is delivered to the right people in the right time. The broker makes sure that the deal is handled fairly, and they also make sure that both sides of the deal walk away from the table happy about what they have received in the deal.

The Signing
The deal is signed in the presence of the broker to make sure that there is someone there to witness it. The broker is the person who registers the contract in the city or county, and they also make sure that all the lawyers involved get all the information they need about the final deal.

When the broker is brought in to handle the deal, they are going to help the two sides that are negotiating. These two sides need these professionals to make sure that all their deals go off without a hitch. The broker is the impartial third party that makes everyone’s life easy when large amounts of money are changing hands at the table.