Insurance is meant to pay out for catastrophic events. It has expanded into silly products like dental insurance which often has caps like “maximum $5,000 lifetime claim for orthodontic”. What it is a basically a savings plan - you and your employer contribute X and the insurer pays out 0.9X in predictable costs.

Insurance is fantastic for personal liability, title insurance, health insurance when you consider the low probability of event ruining you financially.

In terms of helping with regularly occurring costs? No they are terrible.