4 ms·
Certainly. But companies will offer this only if the downside risk is bearable. Which, (IANAL) is quite certainly much bigger in the US than in Germany.
by berkes 4y ago
Certainly.
But companies will offer this only if the downside risk is bearable. Which, (IANAL) is quite certainly much bigger in the US than in Germany.
- JumpCrisscross 4y ago> companies will offer this only if the downside risk is bearable Is the liability in Germany uncapped?
- micwag 4y agoDidn't find anything, but I imagine it's similar to normal car insurance. In Germany most insurances are capped at 100m (legal minimum is 7.7m). Most expensive accident in history was 32m.
- dx034 4y agoIt's important to note that healthcare is much cheaper in Germany than in the US. In addition to that, compensation for injuries also tends to be much lower. That massively affects the costs of accidents.
- foepys 4y agoIn Germany if you are liable for an accident the health insurance of the affected people will bill you for all incurring costs. At market rate, not at "health insurance discount" rate. I wouldn't bet that the cost in that case is lower than in the US.
- foepys 4y agoUS users are apparently confused. Germany does not have universal healthcare, everything is priced differently if you pay out of pocket.