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Auto Insurance for Teenagers El Reno OK

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
6656 Nw 39Th Exprswy
Bethany, OK
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
12235 N Council Rd
Oklahoma City, OK
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Wiedemann Agency
(405) 262-5388
113 North Bickford Avenue
El Reno, OK
 
State Farm Bank
(405) 262-6600
214 South Rock Island Avenue
El Reno, OK
 
Eaton & Associates Insurance
(405) 262-7844
117 South Rock Island Avenue
El Reno, OK
 
Allstate - Mark Muse
(405) 256-2535
6901 NW 23rd St.
Bethany, OK
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Farm Bureau Mutual Insurance
(405) 262-1295
2020 Sunset Drive
El Reno, OK
 
Ramirez George Insurance
(405) 262-0035
120 North Bickford Avenue
El Reno, OK
 
Conaway- Layne C - State Farm Insurance Agent
(405) 262-5382
1610 West Elm Street
El Reno, OK
 
Protruck Insurance Agency
(405) 262-9700
109 South Bickford Avenue
El Reno, OK
 

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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