The next time you hit the road, there’s a good chance the person driving next to you may not have car insurance.

According to a new report by the Federal Highway Administration, 1 in 6 drivers nationwide go uninsured. The study blames the tough economy and people cutting back where they can make ends meet.
Karen Harville of Reno readjusted her policy a few times this past year to reduce expenses. But one thing she won’t do is cut her policy altogether. “If you have to skip buying groceries for a month, get your cable disconnected one of those things, it’s a priority, it’s the law.”

John Drakulich with Farmer’s Insurance Agency in Sparks says he has seen clients considering dropping and cutting back their auto policies because of the economy. But he said if saving money is the goal, dropping your insurance is a bad idea. “If your insurance lapses just one day, you’re subjected to a $250 fine and that’s just the first offense. Repeat penalties could result in higher fines, revoked registration, and even jail time.”

Insurance experts say there are ways to save on your policy, from increasing your deductible to taking advantage of good drivers and seniors’ discounts. Another good tip – look at how much you actually drive because many insurance companies offer discounts for low annual mileage.

According to the National Association of Insurance Commissioners, the average auto insurance policy costs about $73 a month.