It would help if you were responsible with your money, so don't risk anything by going uninsured.
No proof of financial responsibility for damages or liability in the event of an accident will result in a driver's license suspension in every state. This sense of duty is reflected in the country's general requirement for auto insurance.
If you cause an accident in a state that does not require liability insurance, you must still be able to show that you have the financial means to compensate the victims and their families for their losses.
If you do not have this evidence of your assets, you will violate the law (like a suspended driver's license and car registration). Even worse, the liabilities that may be placed on you in the case of an accident may utterly eliminate any possibility of a financially secure future.
Because of this, insurance firms protect automobiles via various policies.
If you have financed the purchase of your vehicle, your auto loan may include requirements that you carry certain types of insurance, including collision and comprehensive coverage. The automobile represents a substantial financial commitment for them, so they will want to protect it with insurance.
To protect your financial interests, it is strongly recommended that you get motor insurance. Because the costs of accidents can easily exceed the minimum limits mandated by most states, A minimum of $100,000 worth of bodily injury protection per person and $300,000 worth of coverage per accident is widely recommended by the insurance industry and consumer advocacy organizations. This is because accidents can easily cost more than what is required by the minimum limits.
