It can be endlessly debated but insurance was a compromise to minimize the risks of using the public streets.
Forget monitoring how people brake. I’d just want to know if someone out on the street is covered or not.
What cannot be endlessly debated, at least not by intelligent people, is the need to carry at least liability insurance. Losing a 20, 30 , even a 50K car may not destroy you, but a 2 million dollar liablity suit will.
Its’ not insurance so much as it is risk management and financial planning.