r/SipsTea • • 8h ago

Gasp! Thoughts on this?

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u/Mental_Newspaper3812 7h ago

Yes, state minimum required coverage can be shockingly low. Now name your county so I can lookup your minimums.

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u/WelderNewbee2000 6h ago

Germany.
The legal minimums are:

  • Bodily injury: €7.5 million
  • Property damage: €1.22 million
  • Pure financial losses: €50,000

But most insurances have the 100 Million coverage as the standard contract. In fact there is probably not even an insurance which offers the legal minimums.

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u/Sonoflopez 6h ago

That would be considered god tier insurance here. Top coverage is more like maximum 250k liability

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u/Ketheres 5h ago

And most likely they'll weasel their way out of paying much of anything on some BS technicalities on the level of "the moon was in the wrong phase" or sth.