Because just from back of the envelope math, assuming the occupants all survive but are permanently disabled, it could easily take half a billion dollars to raise 50 8 year old kids and a few adults to 80 years old.
It seems like this would guarantee bankruptcy for small insurance companies and small to medium sized organizations self-insuring?
And obviously the vast vast majority of drivers would never be able to pay it back.
If so, who is ultimately on the hook for the damage in these cases?
It seems like this would guarantee bankruptcy for small insurance companies and small to medium sized organizations self-insuring?
And obviously the vast vast majority of drivers would never be able to pay it back.
If so, who is ultimately on the hook for the damage in these cases?