4 ms·
Only if the probability of a significant accident is 1 (or you have tons of free capital) If your lifetime probability of a $10M accident is 0.01%, it is proba
by sliverstorm 10y ago
Only if the probability of a significant accident is 1 (or you have tons of free capital)
If your lifetime probability of a $10M accident is 0.01%, it is probably preferable to pool your risk with other drivers of equal risk, and pay $1,000 + small extra premium.