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Auto Insurance for Teenagers Columbus NE

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.

Eberhart Jack
(402) 564-0558
3309 31st Street
Columbus, NE
 
Gateway Realty-Gmac Real Estate
(402) 564-1457
1668 33rd Avenue
Columbus, NE
 
Davidson- Roland D - State Farm Insurance Agent
(402) 564-5512
1570 38th Avenue
Columbus, NE
 
Farm Bureau
(402) 564-0558
3309 31st Street
Columbus, NE
 
State Farm Insurance Agent
(402) 564-3922
1570 38th Avenue
Columbus, NE
 
Bankers Life and Casualty CO
(402) 493-4330
2460 18th Avenue
Columbus, NE
 
Farm Bureau Insurance
(402) 562-7777
2921 23rd Street
Columbus, NE
 
Michael Brittenham Ins Agcy In - State Farm Insurance Agent
(402) 564-4300
2320 23rd Street Ste A
Columbus, NE
 
Stempek- Shelley - State Farm Insurance Agent
(402) 564-5512
1570 38th Avenue
Columbus, NE
 
James E Pile
(402) 564-3311
1354 27th Ave
Columbus, NE
 

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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