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Auto Insurance for Teenagers Minot ND

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
415 20th Ave SW
Minot, ND
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Michael E Braun Ins Agency INC - State Farm Insurance Agent
(701) 838-0713
816 31st Avenue Southwest Ste A
Minot, ND
 
Allstate Insurance-Bearman Insurance Agency
(800) 477-2467
7552 Navarre Pkwy Ste 53
Navarre, ND
 
Braun- Michael E
(701) 838-0713
816 31st Ave SW
Minot, ND
 
Thorman Kellie Insurance
(701) 839-4999
515 20th Avenue Southeast Suite 3
Minot, ND
 
Allstate Auto Insurance
(888) 355-7971
1317 S Broadway
Minot, ND
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Wilkes- Larry D
(701) 839-3317
1809 S Broadway
Minot, ND
 
Allstate Insurance Companies - Sales Office-Minot
(701) 852-3284
1317 South Broadway
Minot, ND
 
Findlay- Dennis L - State Farm Insurance Agent
(701) 839-3436
103 14th Avenue Southwest
Minot, ND
 
Hovde- Darrel V - State Farm Insurance Agent
(701) 852-2757
111 11th Avenue Southwest
Minot, ND
 

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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