Why Did Car Insurance Get So Expensive?

Not an option for leased cars.

Of course, if you're leasing, you're optimizing for something other than dollars per VMT.

It is correct that if you have a car that is worth only a few thousand dollars, it is likely not worthwhile to get anything other than liability insurance.

It is very much incorrect if you have a car that is worth tens of thousands of dollars, yet can be totaled by a "hit and run" or "act of god".

guessing you haven’t had to repair a car in loooooong time eh?