1. A method for detecting an uninsured motor vehicle, said method comprising: continuously acquiring a video sequence at a predetermined frame rate and resolution by an image-capturing unit installed at a location to extract a video frame from said video sequence when a vehicle is detected at an optimal position for license plate recognition; detecting/localizing said license plate on said extracted video frame to identify a sub-region with respect to said video frame that includes a license plate; performing a license plate recognition utilizing a character level segmentation and an optical character recognition and assigning an overall confidence to a license plate recognition result; and identifying insurance with respect to a detected vehicle from a database and thereafter automatically sending a notification/ticket to a registrant of said vehicle, if said vehicle is identified as uninsured.