Insurance is it something you need or just something that costs you more money. This is probably a question you have asked yourself over and over the last few years after you paid that insurance bill. I can tell you first hand insurance is very vital to you for a number of reasons. Many different insurances exist and the ones we will talk about two different kinds here auto and health.

Auto insurance is mandatory in most states now so the expense will be their yearly or every month depending how you pay for it. Insurance is important for a number of reason. if your in an accident with your car and you have no insurance you are going to paid through the nose. You could be liable for damages as well as their medical expenses and that don't include what damage you did to your car or your medical expenses. It's a lot cheaper to pay the premiums than what it will cost you if you are involved in a accident.

Health insurance is similar except you have to usually pay a higher price for coverage. Many times though you will use your health insurance before anything else. Everyone gets sick once in awhile so the premiums you pay are probably worth every cent you pay. Medical expenses are so expensive and you would never be able to pay for them out of your pocket. Cheap insurance is always something you should look out for. Not all insurance is the same. Many times people don't realize that insurance are all different and you should read the policy very carefully.

Some good tips for insurance are you should always compare prices and benefits. Not all insurance is the same and some will be higher priced while others will be lower priced. Reading the fine print on policies are a hassle I know, but in the end it could save you a lot of money. Companies prey on people who don't read the fine print and they know that. if you don't take care of your insurance and you let someone else do you may not know what your getting so being proactive is always the best when buying Insurance.

Insurance may be a cost we hate, but the bottom line is we should always have coverage or somewhere down the line we will pay the price.