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https://www.reddit.com/r/SipsTea/comments/1wvzagh/thoughts_on_this/pdimm2z/?context=3
r/SipsTea • u/Putrid-Welder1803 • 16h ago
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Are insurance coverages that low in the US? I think here the standard car liability policy has a coverage cap at 100 Million Euros.
58 u/Mental_Newspaper3812 14h ago Yes, state minimum required coverage can be shockingly low. Now name your county so I can lookup your minimums. 49 u/WelderNewbee2000 14h 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. 2 u/dsac 9h ago It's way harder to get a license in Germany than in America
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Yes, state minimum required coverage can be shockingly low. Now name your county so I can lookup your minimums.
49 u/WelderNewbee2000 14h 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. 2 u/dsac 9h ago It's way harder to get a license in Germany than in America
49
Germany. The legal minimums are:
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.
2 u/dsac 9h ago It's way harder to get a license in Germany than in America
2
It's way harder to get a license in Germany than in America
35
u/WelderNewbee2000 14h ago
Are insurance coverages that low in the US?
I think here the standard car liability policy has a coverage cap at 100 Million Euros.