True, though this is a not new problem.
If drivers knew that they'll have to foot (say) 50% of the repair bill, perhaps they would take more care before braking, and ensure that the car behind them has enough time to respond and won't rear-end them.
If drivers knew that they'll have to foot (say) 50% of the repair bill, perhaps they would check that the junction is free before driving through it, even if they had right-of-way or the traffic light was green.
If drivers knew that they'll have to foot (say) 50% of the repair bill, perhaps they would look out more carefully for doors that might open suddenly on parked cars.
Etc etc.
Obviously, no one wants to be involved in a collision, but people do seem to take more care to avoid those collisions that will affect them personally the worst.