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Auto Insurance for Teenagers Pell City 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 - Preston Rhodes
(205) 208-7246
2107 Martin Street South
Pell City, AL
Description
Safe Drivers Save 45% or More. Call Your Local Allstate Agent Today. Quick and Easy!

Allstate Auto Insurance
(888) 355-7971
7268 Deerfoot Pkwy
Trussville, AL
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

State Farm Insurance AEL
(205) 338-6639
2203 7th Avenue North
Pell City, AL
 
Alfa Insurance - Pell City
(205) 884-3470
2206 Martin Street South
Pell City, AL
 
Deason- R Edwin - State Farm Insurance Agent
(205) 884-3590
220 Martin Street North
Pell City, AL
 
Allstate Auto Insurance
(888) 355-7971
311 Martin Dr
Odenville, AL
Description
Safe Drivers Save up to 20% on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Insurance-Sarah Rhodes Agency
(205) 338-0502
2107 Martin St S Ste 102
Pell City, AL
 
Frankie Raughton Insurance
(205) 884-1131
3509 Cogswell Avenue
Pell City, AL
 
Cotton States Insurance
(205) 338-6085
705 Martin Street North
Pell City, AL
 
State Farm Insurance
(205) 884-4194
Ed Deason
Pell City, 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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