What do you expect would happen if your driving an uninsured car, you swerve to avoid an accident. Go up the curb, through a fence and crash into someones house taking out a corner of the house/building. The house becomes uninhabitable and you are liable for your car, fence, house repairs and additional costs?
Its not as far fetched as you might think and accidents are often more than just a small nose to tail on the motorway.
I would expect the driver to be found liable, have no assets and go bankrupt as is their right to.