I had to step away so didn't get a chance to finish my thoughts above.
The insurance by taking your money is indemnified to cover you.
From Merriam Webster dictionary:
"Indemnified
: to protect (someone) by promising to pay for the cost of possible future damage, loss, or injury
: to give (someone) money or another kind of payment for some damage, loss, or injury"
An example:
"Again, let's look at auto insurance, which indemnifies the holder against loss. If a policy-holder's car is wrecked, the insurance company sends him a check for the value of the car"
From the Merriam Webster dictionaryAlso if you are worried about it you can get a million dollar umbrella policy that covers anything and everything that could happen to you. These are not all that expensive.
This is of course IMO