Cars are the cheap part of auto insurance claims.

Only when you are looking at one claim. If all the cars in a city get hail damage the total costs exceed the typical daily claim losses.

	▲	prepend 3 days ago \| parent [-]
		I think the point is that it’s much less than all the cars. And a hailstorm that knocks out 10,000 cars is very rare. But hurricanes or fires that knock out billions in homes happen almost every year.

cjrp 3 days ago | parent | prev [-]

Exactly this; damaging a building or causing the death of a person can be 10x+ more costly for the insurer.