Government mandates only a portion of auto insurance. The only auto insurance that is mandated is liability. You do not have to cover yourself or your stuff. You simply have to cover everyone else against damages you and your vehicle might do to them or their stuff.
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"The light of the body is the eye: if therefore thine eye be single, thy whole body shall be full of light." --Jesus
"Sometimes the first duty of intelligent men is the restatement of the obvious" --George Orwell
"The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function." --F. Scott Fitzgerald