02-24-2015, 06:59 AM
I will never purchase insurance unless I am dragged kicking and screaming to jail for not having it (car insurance, for example). All my past insurance experience is that they take your money for years, but when it comes time to pony up they make the unilateral decision (no compromises or negotiations allowed)about how little, if anything, to pay you. I am currently considering building a new cabin, but thankfully will not need a bank loan, so I can avoid the need for insurance. Of course, not everyone is in the same position...