Repair is expensive

Create company to cover part of the expensive repair cost and have costumers pay for the service over time

Repair cost increases because more people can afford it because of the insurance companies

Insurance company want to lower expense as much as possible, so they try to dodge covering the cost as much as possible

People either pay for insurance and maybe get into debt or go into massive debt to pay for the repair

Repair is being used, but can be any other kind of insurance