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Auto Insurance for Teenagers Princeton WV

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
3213 E Cumberland Rd
Bluefield, WV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Allstate Auto Insurance
(888) 355-7971
217 Temple St
Hinton, WV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Wood- Mark G
(304) 425-3130
1033 Stafford Dr
Princeton, WV
 
Johnson John D Insurance
(304) 425-3678
338 Oakvale Road
Princeton, WV
 
Jackson- Jackie D - State Farm Insurance Agent
(304) 425-4191
465 Courthouse Road
Princeton, WV
 
Allstate Auto Insurance
(888) 355-7971
2348 Virginia Ave
Bluefield, VA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Pencarinha- Tommy
(304) 425-8069
908 Harrison St
Princeton, WV
 
Mercer Insurance Associates Inc
(304) 425-8000
319A Oakvale Road
Princeton, WV
 
Shumate Insurance Agency Inc
(304) 425-6768
1207 Stafford Drive
Princeton, WV
 
State Farm Insurance
(304) 487-5454
1033 Stafford Drive
Princeton, WV
 

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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