Sergio and I have health insurance, dental insurance, life insurance, renter’s insurance, and car insurance. We pay or work for these faithfully every month. We have yet to actually use any of them. We were robbed once and I had a trip to the emergency room for 32 stitches and an x-ray, but these things conveniently happened before we had either renters or health insurance. So you can imagine our surprise and delight when we finally managed to use one of the insurance services we paid for.
Three years ago we bought a computer from Best Buy and tacked on an extended warranty (don’t be picky, it’s a kind of insurance). This was the single best decision we have ever made. Basically our computer never worked right and we were always taking it in to be fixed. And it turns out if your computer is screwy enough, they will eventually tire of fixing it and just drill a hole in it! But that is ok because if you are brilliant people like us then you got the extended warranty and they tell you to come by the store and pick out a brand new computer!
And the best part? Our warranty would have run out in less than a month.