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Auto Insurance for Teenagers Tarboro 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
1003 Goldrock Rd
Rocky Mount, NC
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

McFadyen George
(252) 823-1000
2008 North Main Street
Tarboro, NC
 
Parks Insurance Agency
(252) 454-0001
109 North Fairview Road
Rocky Mount, NC
 
New Vision Auto Glass & Mirror
(252) 442-6209
Route 2 Box 381 Antioch Road
Rocky Mount, NC
 
M. Gregory Parker Agency
(252) 446-1119
1400 S Church St
Rocky Mount, NC
 
Allstate Auto Insurance
(888) 355-7971
206 W 14th St Ste B
Greenville, NC
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Nationwide Insurance Companies
(252) 823-5556
2109 Saint Andrew Street Suite F
Tarboro, NC
 
Nationwide Insurance
(252) 454-0001
109 North Fairview Road
Rocky Mount, NC
 
Bottoms Insurance Service
(252) 446-1236
202 Rose Street
Rocky Mount, NC
 
Cheney Jr- Richard C
(252) 443-7447
534 S Wesleyan Blvd
Rocky Mount, 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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