It’s amazing how effective they are at getting our money
An aquaintence n Seattle has not made a house payment in over five years now. She’s still stringing the bank along as they try to negotiate a new payment agreement on her mortgage. Eventually she’ll just move out. But in that time she has become completely debt free (except for the mortgage she’s basically written off in her own mind).
i.e. they are not that good at it, yet.
Also, my auto insurance does cover a fair amount of damage done by any uninsured driver. No health insurance necessary.