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Every state has a mechanism to allow you to self-insure any auto exposure you want. All you need to do is post the necessary cash, which is generally at least $20,000. If you own the car outright, you don't need to provide Physical Damage coverage to fix it if there's an accident or some sort of damage.
The same with your home. If you own it outright, you don't have to buy Homeowners coverage. If you have a mortgage, at least a chunk belongs to the bank, and they're going to dictate that you buy the coverage with a provision naming them as the mortgagee so that they get their money back in the event of a fire, etc.
The instance anyone invents a machine to accurately predict the future, the insurance industry is done. Until then, I can understand feeling like you're paying something for nothing, but if you ever need it, insurance can be a life-saver.
And, Bill, if you're playing $1200/year in Omaha ($100/mo), you must have at least two fairly nice new cars. Otherwise, you're paying more than you need to. I don't know personal rates, but the commercial rate in Nebraska is around $300/year for private passenger vehicles (cars).
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"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - B. Franklin
"There ought to be limits to freedom." - George W. Bush
"We have met the enemy and he is us." - Pogo
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