The point of insurance is pooling the risk of individuals with similar risk profile. If the point was to distribute the risk evenly you would make auto insuranc

The point of insurance is pooling the risk of individuals with similar risk profile. If the point was to distribute the risk evenly you would make auto insurance obligatory for people who doesn’t own a car. Giving resources to people according to their needs is not really insurance’s role. It may be done through taxes, it may be done through “insurance” but then it is not insurance anymore.