I don't see really how insurance would profit from that. Now they have to give me the value of the car in money
Why do we lock our doors when it's proven doors don't stop thieves (putting aside the fact that locking does prevent people from just simply walking away)? Why haven't we improved our security systems? Because people will still buy homes, and insurance covers loss and damage in case of theft.
Without that, we would demand houses that are harder to break into. So it is for cars.