I had a mate once who bought a new car and took the time to insure it for the first couple of years but then he let it lapse and figured it wasn’t worth it anyway. unfortunately for him he had an accident and luckily he was OK, but the car was completely totaled. The thing is that apart from losing his car he had to pay for the damages on the other car as well. So, if you are wondering if car insurance is worth it the answer is HELL YES!