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Auto Insurance for Teenagers Reno NV

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
1055 W Moana Ln
Reno, NV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Whitney Rich New York Life Insurance Company
(775) 325-2210
50 West Liberty Street Suite 500
Reno, NV
 
State Farm Insurance Companies - Reno Auto Claims
(775) 858-5984
770 North McCarran Boulevard
Reno, NV
 
Liberty Mutual Group - Elko
(775) 329-3930
790 Keystone Avenue
Reno, NV
 
Leuenhagen- Timothy L - State Farm Insurance Agent
(775) 359-2100
2900 Clear Acre Lane Ste M
Reno, NV
 
Allstate Auto Insurance
(888) 355-7971
500 Damonte Ranch Pkwy
Reno, NV
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Bentley Jr- Robert R
(775) 786-0888
248 E Liberty St
Reno, NV
 
Cheryl Latham Ins Agcy Inc - State Farm Insurance Agent
(775) 327-4000
9740 South McCarran Boulevard
Reno, NV
 
West David B Farmers Insurance
(775) 332-0625
2875 Northtowne Lane Suite H
Reno, NV
 
Farmers Insurance Group
(775) 786-7274
480 South Wells Avenue
Reno, NV
 

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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