Comment by brewdad

Again, that’s the point of insurance. Most of us will pay more in premiums than we ever get paid in claims. A few of us will avoid bankruptcy because insurance will pay out a claim we can’t otherwise afford either through cash or any line of credit we could get.

The trick is no one can know which side of the ledger we’ll fall on. You can be the world’s safest and best driver and still get t-boned by a driver with no assets and no insurance.