Some people with a lot more financial sense than I had, a lot of years ago explained insurance to me this way - - - - -"As long as you don't have a pot to whiz in, or a window to throw it out of, you don't need a lot of insurance- - - -nobody's going to go to the trouble to sue somebody with nothing to take". As we get older, and accumulate more assets, insurance coverage becomes a lot more important. I'd hate to lose my home, and the 100 acres of Tennessee it sits on, plus all my big boy toys over an automobile accident, so my insurance coverage needs to prevent that kind of loss from happening, plus a little cushion to account for a "runaway jury" in case some ambulance chaser tells a sufficiently heart-rending story about what a worthless piece of trash I am for injuring his client! The premiums to assure that kind of coverage might not be fun to pay, but the alternative is downright terrifying!
Jerry
