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Going Without Car Insurance Is Not a Good Idea. 1 Going without insurance is dangerous. Car insurance helps to protect you from financial ruin. You may already be in a tough spot so that may not be much of a concern for you, but a car accident could put both you and the other party in bad shape financially. Repairing damage done to vehicles in accidents is expensive, but the medical expenses are often much more costly. Going without car insurance is very risky.