Problem is if you have something to lose you need the insurance. If you don't have anything to lose you evidently don't need it.
A few years ago on a Sunday morning my wife was backing out of an/the only occupied space in a large parking lot. She was hit, back ended, by a speeding car being driven by a an illegal from south of the border. My wife claimed the incident happened so quickly after her last pause while backing out that she never even saw the other car/driver. Our insurance company actually took the word and sided with the illegal. It was then we learned that illegals have rights above honest citizens especially when it comes to who has the money.