There are a lot of reasons apparently why it might not turn out that way..

Frankly, I don't believe it's "fair" for somebody to be exposing everyone around them to such financial risk. IMHO if you purchase a 2m vehicle and drive it around on public roads, you need the insurance to close the gap between avg/state mandated coverage and what your losses might be. The laws should prob reflect that and limit the average consumers liability.

You probably don't want to think about the “financial risk” for wrongful death liability that lots of people expose other people to if the financial risk for property damage through improper driving that supercar owners expose people to seems unfair.

The value of a shiny new Veyron. Once it's driven off the dealership premises, its value begins a free fall to the ground. I'd be surprised if an average veyron is worth more than 300k.

> The value of a shiny new Veyron. Once it’s driven off the dealership premises, its value begins a free fall to the ground

Generally true of mass produced cars, very often not true of small production run, high-priced supercars, which often do the opposite.

Including Veyron:

https://www.hotcars.com/bugatti-veyron-has-actually-increase...

But, even @ $300K instead of $2-3 Million, that’s still a huge multiple of the mandatory liability coverage in most jurisdictions, so carrying only the mandatory minimum wouldn’t do much for you if you cause one to be totalled.

>Only 450 Veyron were produced by hand up to 2015, selling at prices of at least EUR 1.16 million. These include various exclusive special models which are now sought-after collector's items. Their value has hardly fallen in recent years. More recent used vehicles achieved an average price of EUR 620,000 at international auctions and dealerships in 2011; two years later this had already gone up to EUR 730,000. Currently it’s virtually impossible to find a Veyron on the market for less than EUR 1.3 million, with certain models fetching even considerably higher prices

https://www.bugatti.com/media/news/2019/bugatti-classic-cars...

Trying to apply the same logic to a rare car of which there were under 500 units produced and even less now (https://www.youtube.com/watch?v=4NJmB1F2mdE) as you do to your economy car is just wrong.

I wouldn't bother insuring against crashing into a car thats so rare. Otherwise I'd have to insure myself first against bear attacks, lightning strikes and high energy cosmic particles.