I don't carry Collision/Comp
I only have basic liability AND uninsured driver.
If I'm in an accident and it's my fault, I lose. If it's the other drivers fault his insurance pays or if he's uninsured - my insurance pays.
I don't worry about the time it will take for the other drivers insurance to pay as I have more than one car I can drive.
Insurance companies make their money on your fear - and they never lose. Guess what happens in you are in an accident and your insurance company fixes your car. You pay for it with higher premiums.
I don't believe in paying for something (insurance premiums) for something that hasn't happened (an accident).
I protect myself with liability and uninsured motorist coverage and rely on my good judgment and driving skills to not be at fault in an accident.
Just my two cents....(that I have from insurance savings)