I just wrecked my truck and a brand new borrowed trailer and insurance did not cover any of it or the 3,300 shingles I spilled across the interstate. 

Sad to have lost my old car to a wreck recently (repairable, but needed a car sooner).

@Joe Ellis, Real estate is scary, nerve wrecking and there is A LOT at risk, that's why everyone isn't doing it!  

They're usually DIRTY FILTHY WRECKS.

I won the possession order and then paid her $600 to leave, just so she wouldn't wreck the place anymore. 

Debt consolidation and debt management plans wreck your credit worse than bankruptcy.

Pretty nerve-wrecking actually. 

And then there are horrible ones like an ugly eviction or a tenant that wrecks the place.

I know a nurse that goes back and forth about getting medical liability insurance, she doesn't have a lot of assets so why pay thousands of dollars per year to put a bulls-eye on her back.Definitely, and going back to the first post where "Sarah" got into a car wreck and 20k wasn't enough for the plaintiff.... there are people out there who just want something for nothing and act like their life is so inconvenienced now because of a wreck.

The other 3 cars are probably worth $8-12k ea. and if they got wrecked I'd chalk it up to an earned loss and that's that.