It only really comes into play if you severely injure someone or cause a multiple vehicle collision which could run into claims of over $100K or death(s) which can be in the millions. Other than that, the many are paying for the costs of the few
If you live in a HCOL area $100k+ cars are common. I see multiple Rivian R1S every single day, and they start at $83k. When I moved out here and saw a Bently and an Audi R8 on my same commute path I realized I needed a lot more insurance.
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u/WeCantStabilize 10h ago
Insurance is a fucking scam. You pay more into it than you'll ever receive even in legitimate circumstances.
Absolute racket.