I stand by my statement. I will NEVER fly without insurance coverage.
**For me and my family** there is too much at risk that I can't justify
a few hundred dollars a year for.
I'm dealing with some auto insurance claims now that I'm glad I have the
higher policy limits for because some of the other people involved are
not settling with my insurance and thus are filing a lawsuit for an
amount that is well more than I make in 1 year. I don't pretend to know
a lot about the insurance, but I do know that I will purchase the most
coverage I can afford that is appropriate to my situation.
Chris
Robert M. Gary wrote:
That is waaaaayyyy to blanket of a statement.
Buying insurance is
just like any other financial decision. You must weight the risk vs.
the reward. There is no way possible to assign all your risk to
insurance companies so you must decide how much you are willing to pay
to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.
-Robert