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Auto Insurance for Teenagers Fort Smith AR

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
1302 Main St
Van Buren, AR
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Farmer's Insurance Group
(479) 783-0010
4300 Rogers Avenue
Fort Smith, AR
 
Don Wright Ins Agcy Inc - State Farm Insurance Agent
(479) 649-8001
3600 Old Greenwood Road Ste 4
Fort Smith, AR
 
Richard R. Organ Agency
(479) 783-2801
1309 S 41st St
Fort Smith, AR
 
Arvid A Bean Ins Agency Inc - State Farm Insurance Agent
(479) 452-1919
3620 South 91st Street
Fort Smith, AR
 
Allstate Auto Insurance
(888) 355-7971
807 E Main St
Charleston, AR
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Brad S Thomas Ins Agency Inc - State Farm Insurance Agent
(479) 452-4320
3301 South 70th Street
Fort Smith, AR
 
Shaw- Gregory S - State Farm Insurance Agent
(479) 452-8700
4900 Rogers Avenue Ste 100F
Fort Smith, AR
 
Bittle- Randy L - State Farm Insurance Agent
(479) 452-4088
2218 South 57th Street Ste B
Fort Smith, AR
 
Allstate Insurance-Bob Yoes Agency
(479) 782-4466
424 N B St
Fort Smith, AR
 

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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