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Auto Insurance for Teenagers Watertown WI

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.

Baker Daniel J
(920) 261-3414
1724 S Church St
Watertown, WI
 
Zindars Ken Insurance Agency
(920) 261-3334
210 West Main Street
Watertown, WI
 
Zempel- Daniel R
(920) 648-2238
120 S Main St
Lake Mills, WI
 
Thompson- Hugh R - State Farm Insurance Agent
(262) 567-5405
117 North Thompson Street
Oconomowoc, WI
 
Snyder Insurance Agency Inc
(262) 567-0288
100 South Main Street
Oconomowoc, WI
 
Mitchell- Kevin L - State Farm Insurance Agent
(920) 261-1935
13 East Main Street
Watertown, WI
 
Cooper- Phillip S - State Farm Insurance Agent
(920) 206-0483
1724 South Church Street Ste M
Watertown, WI
 
Edwards- William J - State Farm Insurance Agent
(262) 567-3443
220 South Silver Lake Street
Oconomowoc, WI
 
Kleiner Insurance Agency
(262) 560-9500
N2606 Huebner Rd
Oconomowoc, WI
 
Felth- Eric S - State Farm Insurance Agent
(920) 674-2626
229 South Main Street
Jefferson, WI
 

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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