If you have assets to protect, liability insurance is a bargain.

If you don't have good health insurance, uninsured motorist is a must.

If your car isn't worth much, insuring it is a waste of money.

Mandatory where I live.I'd probably still get it if it wasn't.Even a plastic bumper nowdays is hundreds of dollars.

A legal necessity where I live, but its primarily an opportunity for the insurance company to bend you over every desk in the office. Once when you pay the premium, and the second time if you file a claim.

Once your car is more than 5 years old, drop the full coverage. Once a car gets to be so old, it's possible that you've paid more in insurance than it would ever cost to repair it. My biggest problem with car insurance is that they practice legalized age discrimination. I still don't know how they get away with charging higher rates for young drivers, regardless of their driving record. Then when you turn 25, your rates magically drop. Something's fishy about that.