When and When Not to Get Insurance

Most people believe that it's foolish not to have insurance, and in many cases they're right. Yet buying some types of insurance may be a costly mistake. Many buy insurance out of fear instead of reason, even though this is a financial decision. Only by looking at the matter calmly and objectively can you make sound decisions on when to buy insurance and when not to. When you buy insurance, you're paying the company to assume your risk. Yet insuring some of these risks isn't worth the high...Full Story