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Auto Insurance for Teenagers Pontotoc MS

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
245 Lakeshore Dr
Pontotoc, MS
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Pontotoc County Farm Bureau
(662) 489-2361
2 South Main Street
Pontotoc, MS
 
North Bridge Insurance Agency
(662) 489-5641
346 East Oxford Street
Pontotoc, MS
 
Reeder- Marsha S - State Farm Insurance Agent
(662) 489-1414
304 Coffee Street
Pontotoc, MS
 
Ashe Insurance Agency Inc - State Farm Insurance Agent
(662) 489-3830
293 West Oxford Street
Pontotoc, MS
 
Allstate Auto Insurance
(888) 355-7971
500 W Bankhead St
New Albany, MS
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Alfa Insurance
(662) 488-8006
171 West Oxford Street
Pontotoc, MS
 
Allstate Insurance Companies - Independent Agent- Pontotoc
(662) 489-5641
345 West Oxford Street # B
Pontotoc, MS
 
Payne Henry Insurance
(662) 488-8006
171 West Oxford Street
Pontotoc, MS
 
Alfa Insurance
(662) 680-5191
1413 West Main Street Suite C
Tupelo, MS
 

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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