No necessarily.
If you know the outcome, why take a few $ thou insurance on your $ 100,000 car that for a little more than , a few years insurance premiums, will give your upgraded ride back.
A bent boot would be a " write-off ", not a happy return for that insurance , but $2,000 , would be an easy
Backyard repair job . Forgo the insurance pittance.
And have your ride , untill you finally kill the poor thing,
with your bad driving .
spacesailor