What is insurance? We explain the need for insurance!

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Insurance

In this guide, we explain the need for insurance and what insurance is. More specifically, we give you three reasons why you absolutely must get insurance and you'd be a fool not to take it out.

Insurance reduces your risk: When you take out insurance, it shifts the risk associated with surprise bils like accidents, theft, getting ill, or property damage, and means that instead of you paying for them, your insurance policy covers the costs.
Insurance is a legal requirement: You can't drive a car in the UK without insurance and there are unlimited fines, bans and criminal charges if you don't have it.
Insurance helps you sleep at night: Imagi...

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