Sometimes you have to spend money to save money.
Even if you don't think you've got anything worth insuring, you need insurance coverage. It's a hassle to pay for something that you hope you'll never actually use, but insurance coverage is a valuable investment in peace of mind.
If you rent your place, renter's insurance is a must. For under $200 per year you'll be covered when it comes to fire, theft, damages, and even a volcanic eruption.
Health coverage has the obvious benefits of protecting you from financial ruin should you fall ill.
Car insurance is is state mandated for all drivers.
Life insurance is something that your job may offer, your HR department should have the details on this one.
So, how do you know if you're getting the most for money? You're going to have to call or email your agent to review your coverage. If you've had any changes since you opened your account, you may need to adjust your benefits. There are online sources that will guide you through choosing levels of coverage, but make sure they're not owned by an insurance company trying to sell you their product.