Insurance is like gambling, don't overdo it

Re:Insurance is like gambling, don't overdo it by SilasX on Monday June 21, 2021 @12:35AM (#27576349)

$50k is comically insufficient to cover the damage you can do in a car in a single incident, though, and such a bond is a limp assurance at best.

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Re:Insurance is like gambling, don't overdo it by dehrmann on Monday June 21, 2021 @02:22AM (#27576789)

I wonder if there should be a per-vehicle cap on damage where a vehicle is so expensive that the owner insures it for any damage over some amount, say $60,000, or the 95th percentile new car sale price.

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Re:Insurance is like gambling, don't overdo it by UncleMeat on Monday June 21, 2021 @07:31AM (#27578175)

Damage to vehicles isn’t the problem. The tail is hitting a car full of surgeons and ruining their careers so you are paying out gazillions in personal damage.

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