Cheap is in the eye of the beholder. Insurance is not cheap. It exists to mitigate risk. But in most places the overall cost is probably less than $1000 per ye

Cheap is in the eye of the beholder. Insurance is not cheap. It exists to mitigate risk. But in most places the overall cost is probably less than $1000 per year for the protection of the sorts of values most of us are likely to acquire.