what I always said. insurance is like gambling, except you don't want to win the jackpot. i.e. it needs to simply viewed as a hedge. what can you afford to b

what I always said. insurance is like gambling, except you don't want to win the jackpot. i.e. it needs to simply viewed as a hedge. what can you afford to budget for today that will prevent you from having unexpected expenses in the future. The fact that your unexpected expenses are covered is great, however, the pain of having to deal with that situation is probably not worth the fact that you got out more money than you put in.