Depends whether any 'blame' can be attributed to the pilot. I was told very early on in my training that the minute the aircraft suffers an engine failure, it belongs to the insurance company. Any mid-air collision or other serious non-survivable event (whether proven to be your fault or not) renders excess payments superfluous! Other events like putting it through a fence because you stuffed up your P chart calculations, or ran off the runway trying to land your C172 in 25kts X-wind I'm sure would attract the attention of everyone, including the insurance company.