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Auto Insurance for Teenagers Lumberton NC

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
589 Farringdom St
Lumberton, NC
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Chillious Kellie A
(910) 618-9300
2505 North Elm Street
Lumberton, NC
 
Nationwide Insurance CO
(910) 618-0017
802 North Cedar Street
Lumberton, NC
 
Golden Light Insurance Agency
(910) 618-9300
2505 North Elm Street
Lumberton, NC
 
McLean John P Insurance
(910) 739-3217
400 North Walnut Street
Lumberton, NC
 
AAA Insurance
(910) 739-4088
209 North Pine Street
Lumberton, NC
 
McGirt & Associates Insurance Agency
(910) 739-5056
3404D Nc Highway 211 West
Lumberton, NC
 
BB&T Ins Svs Of Lumberton
(910) 738-4808
4900 Fayetteville Rd
Lumberton, NC
 
Borup Paul
(910) 739-8129
480 E 9th St
Lumberton, NC
 
Pager Plus Communications
(910) 739-5056
3404D Nc Highway 211 West
Lumberton, NC
 

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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