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Auto Insurance for Teenagers West Bend 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.

Allstate Auto Insurance
(888) 355-7971
2022 S Main St
West Bend, WI
Description
Safe Drivers Save 45% or more on Auto Insurance. Call Allstate Now!
Phone Hours
SUN - SAT 12:00AM - 12:00AM

Staver- Richard G - State Farm Insurance Agent
(262) 334-2898
2395 West Washington Street
West Bend, WI
 
American Family Insurance
(262) 644-7828
730 East Washington Street
Slinger, WI
 
Allstate Insurance - Jeffrey Blau
(262) 377-1800
W61 N488A Washington Avenue
Cedarburg, WI
 
State Farm Insurance
(262) 377-6565
585 Wash Avenue
Cedarburg, WI
 
Thomas- Harley H - State Farm Insurance Agent
(262) 334-1100
1717 West Paradise Drive
West Bend, WI
 
American Family Insurance
(262) 626-4050
1224 Fond Du Lac Avenue
Kewaskum, WI
 
Jordan- Alan M - State Farm Insurance Agent
(262) 644-6586
101 Kettle Moraine Drive
Slinger, WI
 
Brandenburg Ins Agency Inc - State Farm Insurance Agent
(262) 377-0670
4703 Columbia Road
Cedarburg, WI
 
Koehler Insurance Agency
(262) 377-2000
W62n582 Washington Ave
Cedarburg, 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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