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Auto Insurance for Teenagers Kalamazoo MI

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
2929 W Main St
Kalamazoo, MI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Kibler- Scott Edward - State Farm Insurance Agent
(269) 349-7166
2401 Gull Road
Kalamazoo, MI
 
Carr- Robert W - State Farm Insurance Agent
(269) 388-5758
4613 West Main Street
Kalamazoo, MI
 
Any Risk Insured Agency
(269) 349-1953
4215 West Main Street
Kalamazoo, MI
 
John Hancock Mutual Life Insurance CO - General Agent
(269) 385-0002
4341 South Westnedge Avenue
Kalamazoo, MI
 
Allstate Auto Insurance
(888) 355-7971
9037 E D Ave PO 250
Richland, MI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Kiesling- David E
(269) 381-2798
4225 W Main St Ste C
Kalamazoo, MI
 
DuBois- Richard Leo - State Farm Insurance Agent
(269) 345-0555
3415 West Main Street
Kalamazoo, MI
 
ALF Insurance Agency
(269) 375-9785
3207 Stadium Drive Suite 1
Kalamazoo, MI
 
Progressive Insurance
(269) 353-4367
6475 Technology Avenue
Kalamazoo, MI
 

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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