Insurance coverage may be construed as a necessary evil, especially when unexpected challenges occur. For example, most states require some form of mandatory automobile insurance with required minimum levels of coverage. No one plans on being in an automobile accident, but having the coverage helps negate some of the liability costs associated with the occurrence. Conversely, insurance may be purchased voluntarily, i.e., life, disability, umbrella/personal liability, etc. There are many different types of insurances available and for specific needs. The availability of insurance-auto, home, life, disability, commercial, long term care, etc., are a few types available and help mitigate the cost should a fortuitous event transpire.