Insurance, it’s kind of maffia. ”if you pay us xx euro, we maybe help you if you get problem, if you pay just a small amount more”.
As you might understand I have very few insurance. Cars, just the trafic insurance you have to get and the house. Most people have horses, dogs, cars, if you get hurt and so on. The horses have an account on stockmarket I pay 100euro every month to that account and only buy stocks that are pretty safe. Accident insurance are included in youre membership in equestrian federation! So my monthly costs for insurance is 35euro for the house and 15euro for the car (during showseason also 20euro for the horse car). I only buy stocks and bonds for 100euro but save more by not have more then absolutely nessesary.