Could you ELI5 it all then, please? I was always under the impression that the whole point of insurance is that expensive accidents don&#x27;t happen to everyone, so if everyone pays a little regularly, then there&#x27;s enough money to both pay out the ones who end up having an expensive accident AND for the insurer to make money.<p>On an infinite timescale it may not add up but it surely can on any practical one, right?