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Auto Insurance for Teenagers Frankfort KY

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
800 E Main St
Frankfort, KY
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
106 N Main St
Lawrenceburg, KY
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Hancock- Erika M
(502) 227-7777
410 Kings Daughters Dr
Frankfort, KY
 
Ludwig Insurance Agy Inc
(502) 875-3464
8 Fountain Place
Frankfort, KY
 
Harris- Brenda S - State Farm Insurance Agent
(502) 695-1799
114 Thompson Street
Frankfort, KY
 
Allstate Auto Insurance
(888) 355-7971
171 N Main St
Versailles, KY
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Erika Hancock Ins Agcy Inc - State Farm Insurance Agent
(502) 227-7777
410 Kings Daughters Drive
Frankfort, KY
 
Rb Brown Insurance Agency Inc
(502) 875-1301
949c Louisville Road
Frankfort, KY
 
Hageman- James L
(502) 695-8888
700A Ridgeview Dr
Frankfort, KY
 
Dawson Insurance Agency
(502) 695-2223
210 Versailles Road
Frankfort, KY
 

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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