Bicycle cannot hurt car driver. Car driver can hurt cyclist. Don't talk about cyclist - if a pedestrian suddenly get on the road and the light is in the car's favour. And an accident happened, the driver kena.
The only time I saw the car is more important is in Mumbai - Merc s500 hit the cyclist and the driver came out and whack up the cyclist for damaging the car.
The law is about protecting human life and safety. That is above your BMW. When approaching junctions, crossings and cyclists - slow down and be vigilant.
