I don’t work for the insurance industry. Sometimes, I don’t like the insurance industry. We disagree about a lot of things, like to what extent my clients are hurt because of the negligence of their drivers, and what they should pay for it.
But even with its problems, car insurance is important. It is important for all drivers to have insurance to pay claims if they make a mistake–run a red light, fail to see a pedestrian in a crosswalk, or make a left-hand turn before it is really safe to do so. I want insurance so that if I hurt someone, they can recover without having to pay for their own medical bills. It’s just personal responsibility–I’m responsible for the damage I cause (it’s “you break it, you buy it” applied to the road).
There is at least one other reason to have good insurance. The other drivers. Take this excerpt from the The MAIF Agent Blog: