Even if the intention is a simple traffic stop, police is incentivized to bring their numbers up, so anything you say during a traffic stop can and routinely will be used to pin higher offenses on you. Again, it's not worth it.
Is the answer that the best thing to do is to let it go - and, in turn, to let go of any possible insurance payout that depends on you filing a police report?
If you are a victim of a severe crime, please talk to an attorney first.
A more reasonable take would be to do a cost benefit analysis of whether an interaction with the police would likely cause trouble for you.
(this is the part where I get sent links for a bunch of "free" legal resource links, that will totally respond to your email and return your phone call. Totally)
If you are too ignorant to evaluate whether to talk to the police then you are too ignorant to evaluate the accuracy of the video.
Car was stolen, I found it a few blocks away. Cop showed up to take a report 12 hours later and immediately accused me of driving drunk, forgetting where I parked, then smashing up the steering column to create a cover story. Was very aggressive about it (see my story would change) until I looked him in the eye and told him I'm leaving if he wasn't going to help.
Similar experience in the US. Victim of theft from my garage, cops show up and pretty much don't care but are more interested in poking around.
Latest experience in both countries is utter indifference unless it's a violent crime. Last time my car was broken into I don't even both making a report.
They're terrified of losing their blank check to behave this way. The more that people suspect that police are extremely dangerous and stop giving them the benefit of the doubt, the more chance we have of changing how they operate.
When I moved to the US, a friend's dad, a high-powered attorney (and former prosecutor) in our region, told a group of us: "don't ever talk to a police officer unless you absolutely have to. They can make your life hell for any reason they want, or no reason, and they'll always get away with it."
Coming from a country where the cops were much, much less violent and much more trusted, this was shocking to me. But that was a long time ago now and I can't honestly say the advice has served me poorly.