What types of insurance do I need?
Insurance is a tricky business. There are more specific insurance types out there than you'll ever actually need. In general, almost everyone needs the following:
Health Insurance: This is the big one. Whether you get it through your employer (or a spouse or partner's employer), through a labor organization or union, or individually through the federal health insurance marketplace or a state equivalent, quality health insurance will make sure you're able to see a doctor when you're sick, get a routine checkup, purchase prescription medication, or seek medical care in the case of an unexpected illness or an accident.
Homeowner's or Renter's Insurance: Whether you own your own home or you're renting from a landlord, you should have some kind of property insurance that protects your belongings in the event of a fire, burglary, weather event, or some other manmade or natural disaster.
Auto Insurance: If you don't drive or don't own a vehicle, you can skip this one, but if you do, you should absolutely have at least the minimum required auto insurance coverage for your state.
Life Insurance: Life insurance is also important, but it's often overlooked. It's designed to make the lives of your spouse, children, or parents a little easier in the case of your death. Ideally it would help cover funeral costs, or at least provide a short-term revenue stream for your loved ones so they have time to get back on their feet after your passing.