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This budgeting rule will help increase your savings account.

USA TODAY

Things happen. They happen to people and inanimate objects, and they happen for very good reasons or for no reason at all. For those in pursuit of accumulating significant retirement accounts and robust stock portfolios, or even if you’re new to saving, it’s never a bad time to review your insurance policy holdings.

The moment you think you don’t need insurance is an invitation for your bike to be stolen (yes, this happened to me a few months ago). Even if a peril has not struck you or your family yet, it’s absolutely critical that you identify areas of your life that stand at risk and find ways to protect them adequately. Here are three reasons why you can’t afford to be uninsured. 

1.