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Auto Insurance for Teenagers Grand Junction 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
599 Redwing Ln
Grand Junction, CO
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

American Family Insurance
(970) 523-4466
70 Business Loop
Grand Junction, CO
 
Williams- Harry E - State Farm Insurance Agent
(970) 242-9951
640 Rood Avenue
Grand Junction, CO
 
Gorsuch- Lavonne D
(970) 256-7313
203 Grand Ave
Grand Junction, CO
 
Farmers Insurance Group
(970) 241-4229
1354 East Sherwood Drive
Grand Junction, CO
 
Allstate Auto Insurance
(888) 355-7971
1950 Barcelona Way Unit F104
Grand Junction, CO
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Farmers Insurance Bennett Agency
(970) 245-7746
1208 Orchard Avenue
Grand Junction, CO
 
Arrietta-Truitt Maria Insurance OFC of Grand JCT
(970) 241-9791
2500 North Avenue
Grand Junction, CO
 
New York Life
(970) 683-5060
205 North 4th Street
Grand Junction, CO
 
Stephen J Tyler Ins Agcy Inc - State Farm Insurance Agent
(970) 243-1000
2107 North 12th Street
Grand Junction, 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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