Last year my brother wrecked his car, a nice hybrid Audi. He had the stomach flu and became violently ill, losing control of the car and hitting another vehicle. The other vehicle was being driven by a man who did not own it and also lacked an actual driver's license. The Audi has been sitting in my brother's garage, wrecked, for most of a year and he finally got a letter from his insurance company, GEICO, saying that in view of the circumstances they ain't paying nobody nothing. I just sent him a check for almost $6000 so he can get his car fixed.
Meanwhile I no longer have any insurance on my house. The company I had chosen after USAA jacked up the price to far beyond reasonable eventually tripled the price over a space of about 4 years and this year dropped me entirely. The place was paid for almost 20 years ago, so I am self insuring. If anyone trips and falls and sues me I will handle it with the use of firearms and my 25 year old 4X4 pickup truck.
What is insurance for, anyway? I pay over $500 a month for Medicare and only use it to get a physical exam a couple of times a year.