Nassim Nicholas Taleb. Black Swan (№ 258071)

According to the psychologist Paul Slavich and his colleagues, people imagine are more willing to pay for insurance against terrorist attacks than plane crashes (although the number of recent terrorist acts includes as a special case). <...>
At the same time, according to Slovic, the insurance people usually neglect events with low probability. This can be formulated as follows: people prefer insurance against possible small losses, while less probable but much more severe losses are not taken into account.