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Auto Insurance for Teenagers Roxboro 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.

Dunevant's Insurance Agency Inc.
(336) 599-6773
904 N Madison Blvd
Roxboro, NC
 
Bradsher's Insurance Agency
(336) 599-9690
203 North Main Street Suite 311
Roxboro, NC
 
Foster- Frank A
(336) 599-2700
309 S Madison Blvd
Roxboro, NC
 
Nationwide Insurance Companies - Claims Office
(919) 620-1234
314 Crutchfield
Rougemont, NC
 
Claude B. Rowland Agency
(336) 694-6872
120 Cole St
Yanceyville, NC
 
Huff Gerald RL Estate
(336) 599-7982
604 South Morgan Street
Roxboro, NC
 
Long's Insurance & Realty Inc
(336) 599-7982
604 South Morgan Street
Roxboro, NC
 
Nationwide Insurance
(336) 599-6773
904 North Madison Boulevard Suite F
Roxboro, NC
 
All American Premium Finance CO
(336) 694-6992
North Village Shp Court
Yanceyville, NC
 
Allstate Auto Insurance
(888) 355-7971
11200 N Us Highway 15 501
Aberdeen, NC
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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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