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Auto Insurance for Teenagers Fort Collins CO

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
1296 Main St Unit B
Windsor, CO
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Shelter Insurance
(970) 221-2105
412 South Howes Street Suite A1
Fort Collins, CO
 
Farmers Insurance & Financial Services
(970) 224-4069
125 South Howes Street
Fort Collins, CO
 
Liberty Mutual Group
(970) 493-6546
2100 West Drake Road Suite 7
Fort Collins, CO
 
Allstate Insurance - Jane Landwehr
(970) 206-4740
1027 W. Horsetooth Rd. Suite 202
Fort Collins, CO
 
Farmers Insurance
(970) 229-1592
5225 White Willow Drive
Fort Collins, CO
 
New York Life Insurance Company - Sales Office
(303) 623-0248
215 West Magnolia Street Suite 200
Fort Collins, CO
 
Daryl Alexander Ins Agcy Inc - State Farm Insurance Agent
(970) 493-2196
1124 West Mulberry Street
Fort Collins, CO
 
Herbert Leavitt Insurance Agency Inc
(970) 484-0097
2537 Research Boulevard Suite 101
Fort Collins, CO
 
Bailey- Barry B
(970) 493-2323
902 W Drake Rd
Fort Collins, CO
 

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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