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Auto Insurance for Teenagers Jerome ID

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
1025 Shone N
Twin Falls, ID
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Baldwin- Cole H
(208) 324-3772
1976 S Lincoln Ave # A2
Jerome, ID
 
Jody McDaniel Ins Agcy Inc - State Farm Insurance Agent
(208) 543-8811
218 Broadway Avenue North
Buhl, ID
 
Stokes- Matthew W - State Farm Insurance Agent
(208) 734-8327
1688 Kimberly Road Ste 1
Twin Falls, ID
 
Ron Bingham Insurance Agcy Inc - State Farm Insurance Agent
(208) 733-5855
1201 Falls Avenue East Ste 28
Twin Falls, ID
 
Sharp- Collin D - State Farm Insurance Agent
(208) 324-3772
1976 South Lincoln Avenue Ste 2A
Jerome, ID
 
Overacre Insurance Agency Inc
(208) 423-5588
119 Center Street East
Kimberly, ID
 
State Farm Insurance Companies - Agents- Smith Terry
(208) 733-2142
1881 Fillmore Street
Twin Falls, ID
 
Covenant Insurance & Investments
(208) 734-8222
963 Blue Lakes Boulevard
Twin Falls, ID
 
Johnson- Dorian G
(208) 734-7765
338 Blue Lakes Blvd N
Twin Falls, ID
 

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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