What is one cost of avoiding insurance?

One cost of avoiding insurance is the potential financial burden that can arise in case of unexpected events or emergencies. If an individual chooses to forego insurance, they may be responsible for paying for medical bills, repair costs, or legal fees out of their pocket. This can be a significant financial strain and may lead to debt or even bankruptcy. Additionally, not having insurance can also lead to a lack of access to necessary medical care and treatments, which can negatively impact an individual's health and well-being. Overall, avoiding insurance can result in significant financial and personal consequences.