I'm not saying I would never have an accident that was my fault, however it is highly UNlikely that any accident I would be involved in would be my fault because I practice personal responsibility, many folks do not, and that mandatory insurance also may be a subconscious factor when it comes to them driving in a irresponsible manner.
Boy I'm glad people like you aren't in charge of anything more than your keyboard.
So, lets see if I understand your point:
If insurance wasn't mandatory, the world would be a better place, according to your logic.
There is one glaring flaw with your idea, and that's the fact that if you remove the insurance requirement, then you will only INCREASE the number of bad drivers on the road who do not carry insurance. Not a single bad driver will actually become a better driver.
Your logic is that if a bad driver uses his insurance policy as a safety net for bad driving habits, and if you remove the safety net, then they will miraculously become a better driver instantly, because suddenly they won't want to get into accidents anymore.
Your logic is actually based on YOUR DESIRE to not pay for auto insurance.
I can understand that piece of the puzzle. Why should I have to pay for insurance when I don't get into accidents, and I don't cause other people to have accidents?
You just want your money to stay in your pocket, which I understand.
But don't try and pawn off your desire as some sort of reasonable assumption on other people. It doesn't fit. If the world went the way you wanted it to go, I would guarantee that the hit and run rate would easily quadruple in a matter of months.
"Oh crud, I just had an accident, and I don't have insurance, so I better get out of here as quickly as I can. Too bad for the motorcyclist I just t-boned, hopefully he's dead so he can't tell the police what I look like, or what car I was driving."
That sequence already happens too many times a day, and in your "utopia", it would skyrocket.
Thankfully, you don't run the world, and never will.