I don't think most people do this, but I have been reading more about travel insurance, and I think buying this type of insurance should be on the top of your travel checklist. Get travel insurance so you and your items are covered and you don't have to be too concerned about losing items. Also, travel insurance can be a lifesaver if you have to cancel a trip that you have already purchased.
You never know when an emergency is going to come up, and it could come up right as you are planning to go on vacation. Having to cancel a trip at the last moment and not getting a refund could mean I don't get a vacation that year. This would be terrible because vacations are the only thing that make my job bearable.