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idk, maybe im just fucking insane, but like, i can't run the numbers for insurance to make sense.
Unless the courts are LITERALLY broken, or the entire society will collapse without the presence of insurance, i don't think it makes much sense.
Healthcare maybe, if it worked, it doesn't though. Life insurance is fucking stupid unless you work in an dangerous job and have a family, it might be useful then, but only when you die. Car insurance is only legally required because people driving cars can't accept their own responsibility of owning a fucking car. (you could argue it's for the public good, but lets be honest, it's not) home/building insurance might make sense if you live in a suburban home and your contract doesn't change, or like actually covers what it should.
There are more insurances but i feel like you'd be a fucking dumbass to even consider those. Insurance for your business? My brother in christ this is why we invented LLCs.
Fun fact: I recently learned life insurance can be used as a mechanism for really wealthy people to dodge taxes. Basically under the right circumstances you can pull money from life insurance policies with little to no penalty (and no, I'm not talking about when you die). High Deductible Health Plans and their corresponding Health Savings Accounts also work the same way, because they accumulate interest and have no tax penalty when used under the right circumstances.
See here: https://smartasset.com/insurance/how-to-use-life-insurance-to-build-wealth
In essence, insurance is a scam to rob those who don't have much means, while simultaneously acting as a money laundering vehicle for those who do.
ah yes a classic, the rich always get richer, and the poor always get poorer posting, they never get old.