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Auto Insurance for Teenagers Coralville IA

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
1714 5th St
Coralville, IA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
1714 5th St Ste 4
Coralville, IA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Kohl- Nanci E - State Farm Insurance Agent
(319) 338-6200
405 Highway 1 West
Iowa City, IA
 
Emmel Geoff
(319) 354-1400
1210 S Gilbert St
Iowa City, IA
 
Tarnowski- Danielle - State Farm Insurance Agent
(319) 351-5112
332 South Linn Street Ste 100
Iowa City, IA
 
Allstate Auto Insurance
(888) 355-7971
60 Meade Dr
Coralville, IA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

New York Life Insurance CO
(319) 337-4433
1100 5th Street
Coralville, IA
 
Trimble- Richard W
(319) 338-5091
1210 S Gilbert St
Iowa City, IA
 
Mcintire- Gary D
(319) 338-5091
1210 S Gilbert St Ste 100
Iowa City, IA
 
Persons- William R - State Farm Insurance Agent
(319) 338-9417
1700 First Avenue South Eastdale Plaza
Iowa City, IA
 

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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