To buy or not to buy insurance?

I sold my old travel trailer after ten years of use and I just ordered a new rig that tops out at $30,000. I never bought insurance on my old trailer because I paid cash and did not finance. I'm paying cash for this rig too. Since I have more money in this trailer I think I might buy it just in case, at least for the first two years I own it. It would cost me around $600 per year with a thousand dollar deductible. What is the opinion of everyone else.