👉 'Spots insurance' is a term that has become popular among Internet users who enjoy humorous and playful interpretations of common English terms. It's essentially a form of witty humor used to refer to the risk involved with failing to cover one's expenses in an emergency.
Imagine, for instance, someone buys a car from a dealership but later discovers it won't run or requires extensive repairs. The owner decides to keep the car and seek insurance coverage through a reputable company. This is like having 'spots insurance,' because they don't know if it'll be covered by any other means of payment. Now, consider this: If someone suddenly finds themselves in an emergency situation that would require them to borrow money or pay for their own medical treatment without any funds from the insurance, they might decide to seek spots insurance coverage. In other words, they have 'spots insurance' because it's a temporary measure to protect them financially from unforeseen expenses. So, with 'spots insurance', you can imagine the following example: "Hey, I'm in a really tight spot and my car won't start! Do you know how much I should get covered under spots insurance? Let me know what you think!"
