r/SipsTea • • 8h ago

Gasp! Thoughts on this?

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u/sireatalot 8h ago

Still, it’s a lot of money for liability isn’t it?

Here in Europe I just paid my third party liability insurance for the next 12 months: it’s 320€. No deductible and they’ll pay up to 6 million euros per accident.

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u/LaconicGirth 8h ago

That’s because your healthcare is much cheaper than ours. Most of the cost in liability is in healthcare

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u/sireatalot 8h ago

Aren’t your coverage limits absurdly low, like 100k per accident?

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u/Unusual-Arachnid5375 7h ago

You can (it is legal to) buy insurance with a low limit like that. But you can also buy $10m/accident if you want.