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Killing with a car costs $1.6M, California requires drivers to carry $30K

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Hacker News | Sep 12, 2026 | mslate

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Massachusetts requires $25,000 today, raised from $20,000 in July 2025 after ~40 years at the lower figure. California set its minimum at $15,000 per person and $30,000 per crash in 1967. Public revenues alone cover ~9%, $30 billion, which NHTSA converts to $230 in added taxes per American household per year. The EU motor insurance directive requires every member state to mandate at least €1,300,000 of coverage per injured person, ~$1. 5 million, or €6,450,000 per crash regardless of how many people were hurt, ~$7. 4 million, revised every 5 years against the European consumer price index automatically.

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