The US largely doesn't have that. As a German where you got to have your vehicle inspected for code compliance every two years, watching US dashcam videos is completely amazing - some of the shit you're allowed to put on roads there would yield you actual prison time if you tried it in Germany, and not to mention that there are states that do not require a general liability insurance - here it's mandatory to have coverage for at least 7.5 million euros in healthcare, 1.22 million for property damage and 50.000 € for financial loss (say, lost income because the car of the other party is a work car and they need to rent a replacement). Most insurances go above and beyond, standard is like 50 million € of coverage - to hit that, you'd need to crash into a tanker truck on a bridge which then falls down onto a residential home and exploding, or similar sized catastrophes that almost never happen.