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Auto Insurance for Teenagers Manitowoc WI

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
33 E Waldo B L
Manitowoc, WI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Insurance-Sue Christman Agency LLC
(920) 684-6529
33 E Waldo Blvd
Manitowoc, WI
 
Allstate Insurance Companies
(920) 682-1202
33 East Waldo Boulevard
Manitowoc, WI
 
Litwiller- Honor M - State Farm Insurance Agent
(920) 682-1811
804 Jay Street
Manitowoc, WI
 
Jeffrey Lester Ins Agency Inc - State Farm Insurance Agent
(920) 794-8521
1522 16th Street
Two Rivers, WI
 
DeRoche Jr- Robert J - State Farm Insurance Agent
(920) 682-2161
1415 Washington Street
Manitowoc, WI
 
Wojta-Krey-Hansen-Harrington Insurance Agency
(920) 682-8858
3618 Calumet Ave
Manitowoc, WI
 
American Family Insurance
(920) 682-8484
801 York Street
Manitowoc, WI
 
Ford- Steven - State Farm Insurance Agent
(920) 682-2997
939 South 21st Street
Manitowoc, WI
 
American Family Insurance
(920) 793-2264
1507 16th Street
Two Rivers, WI
 

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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