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Auto Insurance for Teenagers Fargo ND

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.

Conzemius- Michael J
(701) 293-5464
1313 14th Ave S
Fargo, ND
 
Songstad- Lyle E - State Farm Insurance Agent
(701) 235-0123
1401 32nd Street Southwest
Fargo, ND
 
Bob Roesler Agency
(701) 271-6902
15 Broadway
Fargo, ND
 
American Family Insurance
(701) 237-3202
650 1st Avenue North
Fargo, ND
 
Hanson- Theodore L
(701) 237-5877
657 4th Ave N
Fargo, ND
 
Farmers Insurance Group
(701) 235-6409
1815 S University Dr
Fargo, ND
 
Vaaler Insurance
(701) 298-8200
3137 32nd Avenue South
Fargo, ND
 
Lykken- Dean W - State Farm Insurance Agent
(701) 280-2811
1202 23rd Street South
Fargo, ND
 
Stirling- Michael R - State Farm Insurance Agent
(701) 232-5585
7 10th Street North
Fargo, ND
 
Anderson-Lichtsinn Insurance
(218) 236-7662
920 Holiday Drive Suite 232
Moorhead, MN
 

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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