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Auto Insurance for Teenagers South Sioux City NE

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
826 S Cecelia St
Sioux City, IA
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Yaneff- Thomas P - State Farm Insurance Agent
(402) 494-1949
1000 West 29th Street Ste 216
South Sioux City, NE
 
Grandy-Pratt Co
(712) 252-4026
4280 Sergeant Rd
Sioux City, IA
 
Winkel- Derek N
(712) 202-0017
4127 Gordon Dr
Sioux City, IA
 
Thompson- William W - State Farm Insurance Agent
(712) 202-0022
3815 Stadium Drive
Sioux City, IA
 
Northeast Nebraska Insurance Agency Inc
(402) 494-1356
2021 Dakota Avenue
South Sioux City, NE
 
State Farm Insurance Claim Office
(712) 274-4100
4300 South Lakeport Street
Sioux City, IA
 
Schemmel- Marvin J - State Farm Insurance Agent
(712) 274-0014
4300 South Lakeport Street Ste 102
Sioux City, IA
 
Ingenthron- Kelly W - State Farm Insurance Agent
(712) 274-2473
2701 Leech Avenue
Sioux City, IA
 
Markworth- Douglas D - State Farm Insurance Agent
(712) 274-0014
4300 South Lakeport Street Ste 102
Sioux City, IA
 

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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