Accidents are frequent on the road and your insurance is designed to protect you from their financial costs.
Within the UK, the Road Traffic Act 1988 Part V1, Section 143 defines the compulsory insurance requirements for motor users. Fail to comply and you could face stiff fines, points on your licence and possibly even a custodial sentence. In short, fail to comply and like any other illegal activity, and you should expect to be prosecuted.
Every person driving a motorised vehicle on a UK road, irrespective of whether they are the car owner, registered keeper or just using the car for the day, must ensure both they, and the vehicle, are insured against liability for injuries to others (including passengers) and for damage to property resulting from use of a vehicle on a road or other public place.
Whilst you could be prosecuted for driving without insurance even if you were the innocent victim in the car accident, if you are deemed to be at fault, the consequences are much more severe.
You will find yourself not only liable for the cost of any damage to the other car or property but you could find yourself legally responsible for the cost of providing care and compensation to anyone injured and with the cost of compensation for injuries now costing £’000’s on average.
If your policy has run out and/or you simply don’t have the funds to purchase insurance at them moment, lay the car up (off road) and do not let your peers pressure you into driving it around uninsured.
It is, quite simply too big a risk and ill advised.