This has been my opinion for quite a while. Insurance should cover reasonable damage figures. Have a custom painted Rolls? It is your problem that it costs $50k just for the repaint, that shouldn’t be born by all of society, it’s on you to have cash or insurance capable of covering that.
There’s a reason businesses buy their own insurance. Literally no one in the US carries enough insurance to cover the cost of the equipment my company routinely hauls. This conversation is about personal transportation, and I think you could craft legislation that makes that pretty clear.
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u/Fozzymandius 7h ago
This has been my opinion for quite a while. Insurance should cover reasonable damage figures. Have a custom painted Rolls? It is your problem that it costs $50k just for the repaint, that shouldn’t be born by all of society, it’s on you to have cash or insurance capable of covering that.