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by wl 616 days ago
Are you in California? The requirement is to either a bond $35k or to carry a liability policy that covers at least $30k for death and injury and $5k for property damage, matching the deposit requirement. That will increase to $75k in 2025, which still seems far too low.
2 comments

For comparison EU mandates liability policy of 1.22M euro for property damage and up to 6.07M euro for injuries. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52...
I'm not. I'm surprised it's so low in CA.