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I live in Germany, and not all of this is entirely true. Liability insurance isn't strictly unlimited, the coverage limits are just very high - e.g. in Germany
by olex 14y ago
I live in Germany, and not all of this is entirely true.
Liability insurance isn't strictly unlimited, the coverage limits are just very high - e.g. in Germany, personal damages are covered with a minimum of 7,5 mio. euro (with a maximum limit of 8 to 15 million per person, depending on the insurance company), and total damage is mostly limited at 50-100 mio. euro. For most accidents, these numbers are fairly equal to "unlimited".
About health insurance - I'm not quite sure how you come at the conclusion that state pays everything. Injuries in an accident are paid for by the liable party's liability insurance, the same as in the U.S.
- gcb 14y agoJust for comparison, here in the us insurance for a 25k car and minimal (some 100 or 300k for the described case in the article) plus uninsured driver would be well over 1.2k per month. In other countries i paid that per year for way more peace of mind.
- mikeryan 14y agoI'm not sure why you're paying $1200 a month for insurance but that's not the norm for US based auto insurance at all.
- gcb 14y agoI'm not. I pay 300 a year, but i don't even cover my car. But yesterday i did the car coverage for a used 09 bmw 128iC. Couldn't get any lower than that on several websites
- greyboy 14y agoWow, I have no idea why you have those numbers! I guesssome important details must have been left out? I have two vehicles less than 5 years old, with two drivers, with way more than $300k coverage for liability and comprehensive, and a $0 deductible by one of the top/largest insurance carriers in the U.S. and I pay $75/mo, total.
- neworbit 14y agoI pay more like $200 a month for a significantly more expensive car in Palo Alto. I have a clean driving record and a mainstream insurance policy. You should get competitive bids!