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Auto Insurance for Teenagers Shelby 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.

Allstate Auto Insurance
(888) 355-7971
114 E Dixon Blvd
Shelby, NC
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Brackett Insurance Agency Inc - State Farm Insurance Agent
(704) 482-0531
941 East Marion Street
Shelby, NC
 
A-1 Auto Insurance Agency
(704) 481-8223
1506 East Dixon Boulevard
Shelby, NC
 
Lindsay Reid Insurance Agency Inc
(704) 487-9347
1671 East Dixon Boulevard
Shelby, NC
 
First Charter Ins Srvcs
(704) 482-3461
222 N Lafayette St
Shelby, NC
 
Allstate Insurance Companies
(704) 482-8270
407 East Marion Street
Shelby, NC
 
Allstate Insurance Companies - Sales Offices- Shelby
(704) 481-1094
114 East Dixon Boulevard
Shelby, NC
 
Cleveland County Farm Bureau
(704) 482-2436
1503 West Dixon Boulevard
Shelby, NC
 
Advantage Auto Insurance Agency
(704) 484-8442
212 West Dixon Boulevard
Shelby, NC
 
Direct General Insurance Agency Inc
(704) 471-2521
808 South Dekalb Street # B
Shelby, NC
 

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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