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Auto Insurance for Teenagers Marion 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
211 N Green St
Morganton, NC
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

McDowell Insurance Agency Inc
(828) 652-6212
246 S Main
Marion, NC
 
Bagwell Insurance Agency Inc
(828) 659-2545
500 North Main Street
Marion, NC
 
Old Fort Insurance Agency Inc
(828) 668-4226
238 East Main Street
Old Fort, NC
 
Bowers Keith Insurance
(828) 437-3084
214 Collett Street
Morganton, NC
 
McDaniel Insurance Agency LLC
(828) 652-6567
531 Lady Marion Plaza
Marion, NC
 
New York Life Insurance CO
(828) 652-8559
2530 U S 221 Bus North
Marion, NC
 
Tate's Insurance & Financial Services Inc
(828) 652-7414
945 N Main St
Marion, NC
 
Lewis- Syna H
(828) 765-0102
11899 S 226 Hwy
Spruce Pine, NC
 
Mimosa Insurance Agency Inc
(828) 437-5357
207 North Sterling Street
Morganton, 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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