Asked by a
What is one cost of avoiding insurance?
falling into debt if faced with a serious problem
not benefitting from insurance deductibles
not being able to purchase a car or home
facing increased probability of accidents
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GPT-5 mini
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falling into debt if faced with a serious problem.
Without insurance you must pay large medical, liability, or repair bills yourself, which can force you into debt. The other choices are incorrect or less direct: deductibles are a cost of having insurance, avoiding insurance doesn’t raise accident risk, and while lenders often require insurance, inability to buy a car/home is a secondary consequence.
Without insurance you must pay large medical, liability, or repair bills yourself, which can force you into debt. The other choices are incorrect or less direct: deductibles are a cost of having insurance, avoiding insurance doesn’t raise accident risk, and while lenders often require insurance, inability to buy a car/home is a secondary consequence.
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