Last Updated on February 25, 2021
1. Choosing Not to Have Basic Insurance
The worst insurance mistake you could ever make is deciding to save money by not having any coverage. It’s important to have car insurance to cover accidents and thefts because, you know, they happen pretty often. You also need to get health insurance because medical bills can add up quickly, and before you know it, you would be crippled financially. The young may consider health insurance as useless or “too early for it”, but it’s the only way to protect yourself against the unexpected events of life. You don’t want to live a day when you are struggling to afford health care. There are a few other basic insurances that anyone must invest in to protect their belongings and existence! You will not be wasting money, if anything, you will be saving plenty of money.
