I can be quite bright but I'm never right.
I support you in peace and protect you in fight.
I'm seldom alone and when I am, there's no use.
Even when you select me, another you choose.
You never ask how I'm doing, even when I'm blue.
I might be unhealthy but I can't catch a flu.
Sometimes I'm in transit and sometimes home I'll stay.
Sometimes you can see a person who for me will pray.
If you don't have me at all, you're poor not having a dime
Or you might simply have fallen as a victim of crime.
I can hurt you and wound you and even make you bleed.
Regardless of your pain, I'm something you still need.
I might be unwanted but also an object of desire.
I could be damaged by earth, water and fire.
I could be expensive or cheap or even free.
When people look at you, they often see me.
You'll be both arrogant and humble if I'm put on your head.
I often bear a name that someone else before me had.
What am I?
Hints
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We're looking for a common everyday object.
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It's not anything abstract as "love" or "energy".
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It's not symbolic as "the letter A" or "peace sign".