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Auto Insurance for Teenagers Muscle Shoals AL

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
115 Baker Ln
Tuscumbia, AL
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Hester Randall Insurance
(256) 386-7900
1810 John R Street
Muscle Shoals, AL
 
Laura L. Johnson Agency
(256) 314-1280
3203 Woodward Ave
Muscle Shoals, AL
 
Allstate Insurance Companies - Sales Offices- Muscle Shoals
(256) 386-7900
1810 John R Street
Muscle Shoals, AL
 
Freeman Insurance Agency
(256) 381-8372
601 Pasadena Avenue
Muscle Shoals, AL
 
Allstate Insurance
(256) 386-7900
1810 John R Street
Muscle Shoals, AL
 
Bill Alexander Ins Agency Inc
(256) 381-5858
307 W State St
Muscle Shoals, AL
 
Alfa Insurance - District Office
(256) 381-4165
200 South Wilson Dam Road
Muscle Shoals, AL
 
Grimes Phil
(256) 381-5774
200 South Wilson Dam Road
Muscle Shoals, AL
 
Rose Pete Insurance Agency Inc
(256) 386-7744
1808 Woodward Avenue
Muscle Shoals, AL
 

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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