Why do i pay more car insurance than my cars worth?

"Spending on health care to attain $ 5I've insurance from modern in Michigan a 2009 Chevy Malibu once I went on the site to select my cost i went for your cheapest one i spend 50 a month i backedup into a basketball hoop in my entrance may the  insurance  company buy something i got a claim number only too impatient to discover from your insurer my appraisal was $500 for many tiny scratches they stated they soften it and work with a filler precisely the same material the vehicle is manufactured from making it look like it never happened
"I will be soon acquiring my certificate (California)"I stumbled on my parked vehicle tonite and found it was struck from your back bumper up across the side half way through the rear seat door. It's dented and scraped rather poorly. My costs affect being that I had beenn't there easily state this with my  insurance   will