I would strongly recommend against not having insurance. It costs yes, but everyday your life is in the hands of people who dont check their mirros =P
in your home country you should at the very least having your mail sent to a family member or very close friend. Be sure its all in line with your insurance company's fine print tho. A friend of ours recently was taking a swim in mexico and a wave hit him sideways on a rough day and broke his back, thankfully his insurance was all in line and the 40,000$ Medical Evac + treatment was covered, and he was a young fit smart guy who was sober just going for a swim at the age of 28.
Random things can happen to anyone at anytime, that could leave you homeless in poverty stuck in a 3rd world country for the rest of your life if you don't take the WHAT IF into account.
Ride far, but ride safe.
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