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Illinois law requires all drivers to possess at least a minimum amount of auto liability insurance, also known as Uninsured Motorists coverage. If a person is caught driving without insurance for the first time, they will pay a $1,000 fine.
A release, also sometimes called a waiver, is a legal document in which an individual agrees to give up certain rights in order to end a legal matter. It's called a release because it does just that: it releases the responsible party and their insurer from any liability associated with the accident.
If you get into a car accident with no insurance in Texas, the police officer might issue you a ticket and have your car towed. They could even impound your car, causing you to pay a fee and show proof of insurance to get your car back.
If you only have third-party insurance, you'll have to pay for any repairs to your own car yourself, but the uninsured driver's car will still be covered. The other driver may still be fined and even have their car seized and destroyed, if they're found not to have insurance.
Driving without insurance is bad enough but if you get into an accident that results in injuries or death while uninsured, you face a Class A misdemeanor. If convicted, you may pay fines up to $2,500 and face imprisonment up to 11 months and 29 days.