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Auto Insurance for Teenagers Great Falls MT

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
300 River DR N Ste 6
Great Falls, MT
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
2817 10th Ave S
Great Falls, MT
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Arrotta-Bryant Insurance Agency
(406) 452-6408
105 Smelter Avenue Northeast
Great Falls, MT
 
Farmers Insurance Group
(406) 453-1953
1101 Avenue Centre Northwest
Great Falls, MT
 
Farmers Insurance
(406) 216-5959
1801 3rd Street Northwest
Great Falls, MT
 
Allstate Auto Insurance
(888) 355-7971
1201 10th Ave S
Great Falls, MT
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

State Farm Insurance Companies
(406) 452-3881
26 Cub Drive
Great Falls, MT
 
Nationwide Insurance Claims
(406) 761-5666
109 24th Street Southwest
Great Falls, MT
 
Hamilton- Aaron L - State Farm Insurance Agent
(406) 761-7601
1900 4th Street Northeast Ste 4
Great Falls, MT
 
State Farm Insurance Companies
(406) 452-2477
815 5th Avenue North
Great Falls, MT
 

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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