[throw0101a]

You don't insurance to protect the car, you get insurance to protect yourself, i.e., liability.

If you do an oopsy, and someone dies or even ends up in a wheelchair, how are you going to pay for the resulting lawsuit otherwise? Covering repairs is just an added bonus on top of the CYA.

Also consider if you end up in a wheelchair or quadriplegic: what happens if the person who hit you is a deadbeat driving around without insurance? Do you think you'll be able to extract anything out of them with a standard lawsuit?

Do you have general life insurance with critical illness coverage? Do you have any kind of income replacement policy?

* https://www.investopedia.com/articles/personal-finance/01041...

[dboreham]

In many jurisdictions (e.g. the USA) coverage against theft and damage is separate and can be omitted. Liability insurance is usually mandatory by law. So I think people tend to view them as separate and different to some extent.

[geoduck14]

>You don't insurance to protect the car, you get insurance to protect yourself, i.e., liability.

More to the point, your (liability) car insurance is to protect the other person

[throw0101a]

Your (liability) car insurance is to protect your financial situation by paying the other person.