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Auto Insurance for Teenagers Roanoke Rapids NC

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.

Bb&t - Proctor Owen Ins
(252) 537-1151
935 Park Ave
Roanoke Rapids, NC
 
Little's Insurance
(252) 537-4605
736 Roanoke Avenue
Roanoke Rapids, NC
 
Atkinson- Joseph Fred - State Farm Insurance Agent
(252) 537-2060
100 Becker Drive
Roanoke Rapids, NC
 
Powell Agency
(434) 848-4535
9766 Governor Harrisn Prk
Lawrenceville, VA
 
A M Newsom Agency Inc
(252) 586-4111
132 East South Main Street
Littleton, NC
 
Maddrey Insurance Agency Inc
(252) 535-3525
155 Old Farm Road
Roanoke Rapids, NC
 
Ezzell Insurance Agency
(252) 537-3761
310 Roanoke Avenue
Roanoke Rapids, NC
 
Allstate Insurance-Jet Thomas
(252) 533-0500
411 Becker Dr # A
Roanoke Rapids, NC
 
Citizens Insurance Agency
(434) 848-2715
102 East Hicks Street
Lawrenceville, VA
 
Peggy B Malone Ins Agency Inc - State Farm Insurance Agent
(434) 634-3413
113 Baker Street
Emporia, VA
 

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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