Auto Leasing Guide
Go to LeaseGuide.com now !

Auto Insurance for Teenagers Booneville MS

If you were financially wealthy and didn't care about the risk of losing a substantial portion of your wealth, you could self-insure. That is, you would use your own money to pay for damage repairs, a replacement vehicle if your current vehicle is stolen or destroyed, towing and storage charges, rental car charges, medical bills associated with an accident, lawsuits by other parties when you are at fault in an accident that causes damages, injuries, or death, as well as attorney fees, and property damages.

State Farm Insurance
(662) 728-9595
307 West College Street
Booneville, MS
 
Saylors Manfred Insurance
(662) 728-9595
307 West College Street
Booneville, MS
 
Tri-State Insurance
(662) 728-0092
208 South Second Street
Booneville, MS
 
Transportation Insurance Services Inc
(662) 720-1150
405 West College Street
Booneville, MS
 
Windham Insurance Agency
(662) 365-5238
307 Highway 45 North
Baldwyn, MS
 
McVey Hilda Insurance
(662) 720-1150
405 West College Street
Booneville, MS
 
Edge Karen Insurance
(662) 720-1150
405 West College Street
Booneville, MS
 
Cornerstone Group
(662) 728-4477
1108 N 2nd St
Booneville, MS
 
Logan Sr- Robert C
(662) 365-8694
611 Grisham St
Baldwyn, MS
 
Cornerstone Insurance & Financial Inc
(662) 365-1277
111 West Clayton Street
Baldwyn, MS
 

Auto Insurance for Teenagers

Second, they discover that insurance is expensive, especially for teenagers, and especially for male teenagers under 18 years old.

Third, teens often don't understand why insurance is important and why it is needed, and why it is smart to have it.

Why do I need insurance?
Teens often question the need for insurance, especially when it is so expensive — and they don't expect to ever be an accident anyway. Let's ask this question a slightly different way. Under what conditions would you not need auto insurance?

If you were financially wealthy and didn't care about the risk of losing a substantial portion of your wealth, you could self-insure. That is, you would use your own money to pay for damage repairs, a replacement vehicle if your current vehicle is stolen or destroyed, towing and storage charges, rental car charges, medical bills associated with an accident, lawsuits by other parties when you are at fault in an accident that causes damages, injuries, or death, as well as attorney fees, and property damages.

However, those who might be able to self-insure don't for two reasons. First, the cost of auto insurance is relatively small compared to the potential financial losses associated with self-insurance. Why risk losing thousands or millions of dollars in an at-fault lawsuit? Second, states have laws requiring liability insurance as a way of proving financial responsibility. Although a bank full of cash might seem to accomplis...

Click here to read the rest of this article from Lease Guide