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Auto Insurance for Teenagers Rapid City SD

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
822 Main St
Rapid City, SD
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Alexander- Rodney J - State Farm Insurance Agent
(605) 348-0800
27 B Baken Park Shopping Centre
Rapid City, SD
 
Brown- William H - State Farm Insurance Agent
(605) 348-2525
527 Kansas City Street
Rapid City, SD
 
Matthew D McCormick Ins Ag Inc - State Farm Insurance Agent
(605) 348-0464
1375 North Lacrosse Street Ste 2
Rapid City, SD
 
State Farm Insurance
(605) 248-0800
27 Baken Park Shopping
Rapid City, SD
 
Shobe Insurance Agency Inc - State Farm Insurance Agent
(605) 348-0467
2144 Jackson Boulevard Ste 1
Rapid City, SD
 
Andrew A Ainslie Ins Agcy Inc - State Farm Insurance Agent
(605) 348-3338
2720 West Main Street Ste 1
Rapid City, SD
 
Geico Insurance
(605) 923-4905
220 Frontage Rd
Box Elder, SD
 
Mike Tysdal Ins Agcy Inc - State Farm Insurance Agent
(605) 342-1827
803 Saint Joseph Street
Rapid City, SD
 
Carlson- Scott A
(605) 342-0188
1375 N Lacrosse St
Rapid City, SD
 

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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