Quite true. What people really want is not "insurance"...
...but a "payment plan". But worse than that, they want someone else to pay for that as well. Most people are completely insulated from the real cost of what they consume, and frankly, they don't want to know.
Imagine how expensive your auto insurance would be if the government required the insurance company to pay for your fuel, oil & tires; you'd have very little incentive to drive efficiently.