Auto Leasing Guide
Go to LeaseGuide.com now !

Auto Insurance for Teenagers Elkhorn WI

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
3713 Hawthorne St
Harvard, IL
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Mid-America Insurance Center Inc
(262) 723-4841
433 East Geneva Street
Elkhorn, WI
 
Farmers Insurance
(262) 743-2011
10 North Lincoln Street
Elkhorn, WI
 
Bixby Farmers Insurance Agency
(262) 723-8051
404 North Wisconsin Street
Elkhorn, WI
 
Grabow- Bradley W - State Farm Insurance Agent
(262) 728-6395
811 East Geneva Street
Delavan, WI
 
Walbrandt Dennis
(262) 723-4841
433 East Geneva Street
Elkhorn, WI
 
Anderson- David H
(262) 723-2664
5 Ridgway Ct
Elkhorn, WI
 
American Family Insurance
(262) 723-4371
601 East Geneva Street
Elkhorn, WI
 
Shea- Mark S - State Farm Insurance Agent
(262) 728-9702
5540 State Road 50 Ste 101
Delavan, WI
 
Conroy- Marlene F - State Farm Insurance Agent
(262) 248-4771
7273 State Road 50
Lake Geneva, WI
 

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