It's a bad idea because if something unanticipated could happen to Jasmine's house, and she does not have the insurance she will have to disburse it out of her own pocket.
Insurance may be defined as an agreement, characterizedby by a policy, in which an individual or entity acquires financial conservation or repayment against thrashings from an insurance company.
Insurance always pays the money or support financially throughout for any bad happening that occurs. It is a significant advantage of having insurance.
Therefore, it is well described above.
To learn more about Insurance, refer to the link:
https://brainly.com/question/25855858
#SPJ1