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Auto Insurance for Teenagers Clovis NM

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.

Allstate Auto Insurance
(888) 355-7971
3620 N Prince St
Clovis, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Grand Traders
(505) 769-1015
1600 W Grand Ave
Clovis, NM
 
Saul- Doug - State Farm Insurance Agent
(505) 762-4747
2120 Ross Street
Clovis, NM
 
Baker- Dennis W - State Farm Insurance Agent
(505) 762-3900
807 Lexington Road
Clovis, NM
 
Abernathy Don - State Farm Insurance Agent
(505) 762-4524
2025 North Prince Street
Clovis, NM
 
Allstate Auto Insurance
(888) 355-7971
122 S Avenue A
Portales, NM
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Johnson- Darrel W
(505) 762-3334
521 N Main St
Clovis, NM
 
Poynor Terry Insurance
(505) 762-6435
1220 North Prince Street
Clovis, NM
 
Smith- Jamie M - State Farm Insurance Agent
(505) 769-3838
301 North Main Street
Clovis, NM
 
Jim O'Neill Insurance
(505) 763-8816
1021 Pile Street
Clovis, NM
 

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...

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