I took my car off of the road back in September because I couldn’t afford the cost of auto insurance. I was paying over $250 a month for minimum coverage on a ‘93 vehicle but it’s because my driving record is FAR from clean due to accidents and a few tickets. Fortunately some of that comes off next August and then maybe I can get a reasonable quote. However, car insurance does come in handy when you get into accidents like I did in June and ended up totaling my car. They paid off the loan and also for the repair on the other vehicle. Cars aren’t the only things that need insurance though. Your home may get broken into and to get things replaced home insurance is necessary. If you go on vacation travel insurance may also be useful. Insurance can be a bit pricey but if you shop around and find the best quote then in the end it will be completely worth any hassle.