Nah man if you don't have insurance they give you a ticket and say you have to prove you have insurance within 48 hours, if you do, your off. However if you do not, you have to go to court and more than likely they will revoke your license.
I know this because about a year ago it happened to me, I didn't have insurance on my car yet and I got pulled over and given the speal but I went to the court to pay the ticket and inquire about the court date and there was a girl at the counter, so I flirted a bit with her and she waved the ticket. My license is safe once again.
Good times.