Auto Leasing Guide
Go to LeaseGuide.com now !

Auto Insurance for Teenagers Huntington IN

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.

Young Jr- Gilbert H - State Farm Insurance Agent
(260) 356-1000
1352 Etna Avenue
Huntington, IN
 
Hunnicutt Kennedy & Associates
(260) 356-3313
400 Frontage Road
Huntington, IN
 
Glassley Insurance Agency
(260) 723-4822
121 South State Street
South Whitley, IN
 
Norma L Frauhiger Ins Agy Inc - State Farm Insurance Agent
(260) 432-5527
7535 West Jefferson Boulevard
Fort Wayne, IN
 
Simon- Carl E
(260) 432-1311
6106 Covington Rd
Fort Wayne, IN
 
Ebersole- Beth Ann - State Farm Insurance Agent
(260) 356-5222
1420 West Park Drive
Huntington, IN
 
Larson- Terry W - State Farm Insurance Agent
(260) 356-0800
1639 North Jefferson Street
Huntington, IN
 
Caudill- Larry G - State Farm Insurance Agent
(260) 982-7485
"502 Maryland Avenue State Road 13 NORTH"
North Manchester, IN
 
Holly- Daniel J - State Farm Insurance Agent
(260) 744-3218
3118 Mallard Cove Lane
Fort Wayne, IN
 
American Family Insurance
(260) 434-0304
5907 Covington Road
Fort Wayne, IN
 

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...

Click here to read the rest of this article from Lease Guide