Auto Leasing Guide
Go to LeaseGuide.com now !

Auto Insurance for Teenagers Decatur AL

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 - Carolyn Lankford
(866) 608-0137
7771 Highway 72 W Ste A
Madison, AL
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate Auto Insurance
(888) 355-7971
1207 E Forrest St Ste C
Athens, AL
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Knight Insurance Agency Inc
(256) 355-0709
815 Bradley Street Southwest
Decatur, AL
 
Hayes Peggy Insurance
(256) 350-6315
2002 Flint Road Southeast
Decatur, AL
 
American Insurance Agency
(256) 353-8004
2132 6th Avenue Southeast
Decatur, AL
 
Allstate - Becky L. Gordon
(866) 602-3702
7771 Highway 72 W Ste A
Madison, AL
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate - Brad Johnson
(256) 853-0498
26978 Us Highway 72 Ste C
Athens, AL
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Employer's Underwriters Inc
(256) 341-0600
2412 Gordon Terry Parkway
Decatur, AL
 
Hellebrand Mike Insurance
(256) 350-7800
1723 Creighton Avenue Southeast
Decatur, AL
 
Hayes-Rasbury Agency
(256) 350-6315
2002 Flint Road Southeast
Decatur, AL
 

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