Is getting a car insurance worth it?

First time car owner here. I am not sure if getting a car accident insurance is worth it. I'm looking at an 1万 a month deal from a nearby insurance company. This will cover me, the passenger, and the car in case of an accident. Is getting an insurance worth it?

Update: By now I'm convinced that the wisest option is to get an insurance and I truly appreciate everyone's wisdom here. What are the things I need to check about my insurance converage before signing any papers? Thanks!

by Willing-Ad-1469

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