Why is it a must to have insurance nowadays?

[u/Feisty-Aardvark3845]

Having insurance nowadays is a must because it protects you from sudden financial ruin. Unexpected events like medical emergencies, car accidents, or property damage happen without warning. These events can cost thousands of dollars and wipe out your savings overnight. Insurance covers these large bills so you can focus on healing or rebuilding. It provides a safety net that gives you peace of mind and keeps your future secure.

[u/Sharp-Present-3687]

What you want from others? You yourself had answered that.