No, liability wise I carry insurance
, plus of course a private citizen can't self insure their automobiles either, but so far liability only hasn't been very expensive.
The self insure thing started with my airplane, it's a Bush plane and has an exceptionally high loss rate, so full insurance
was like 10% hull
value per year, even though I'm over 10,000 hours, Commercial
, instrument etc. That's a new airplane every ten years, so I dropped all but liability insurance. Got me looking at insurances cost as opposed as to how much good it has done me, so now I only insure the things that would break me if I lost
them, cars I could lose and still be OK, house? No that would hurt.