Hacker News Reader

Comment by simcup | Hacker News Reader

may i introduce you to the jurisdiction of germany? 7.5m for personal injury, 1.3m for property damage and 50k for ?financial loss? (ger:reiner vermögensschaden) [1][2]. granted that's in euro so exchange rates are to be considered

[1] https://www.bussgeldkatalog.org/deckungssumme-kfz-haftpflich... [2] https://www.gesetze-im-internet.de/pflvg/anlage.html

edit: as a point of comparison, i can't find it at moment but i think i remember my last car insurance was covering 100m for personal insuries

View on HN

That’s amazing, the US plays around in $10k to $50k ranges.

out of curiosity: how much are you guys paying per month? i had, at that moment, 7 years of no accidents and the 9/1999 version of [1] and was at ~25euro/month

[1] https://www.adac.de/rund-ums-fahrzeug/auto-kaufen-verkaufen/...

$50 per month for $500,000 of liability only insurance for 5,000 miles per year. Since it is only liability insurance, the type of car I have does not matter.

I have 20 years of no accidents or insurance claims.

I assume countries where healthcare is covered more extensively, such as Germany, have lower premiums? Although, I think Germany is health insurance covered healthcare, so I wonder if a German health insurance company would sue the auto insurer of an at fault driver to recover healthcare costs. In that case, it would be similar to the USA.

interesting, in germany model of the car, the expirience (age) of the driver and the years of not having your insurance cover something [1] play heavily into the amount of premiums you are paying. also who is "covered"[2] by that insurance and the km you drive in a year are considered.

[1] trivia: because of this sometimes people cover damages, even realtivly high ones, out of pocket because it saves them money in the long run. [2] you say who (only you or more people) is driving the car and in practice the relevant fact is if one of the drivers using the car is under 25 and/or is still in "Probezeit" (?trial period?)

Reply on news.ycombinator.com