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|Damage to the body of the other car||14,000.–|
|Costs of hospital treatment||30,000.–|
|Driver’s lost earnings||6000.–|
|Total liability claim||50,000.–|
|Insurance company’s recourse 20 %||10,000.–|
For just a few francs per year, most companies offer a recourse waiver for gross negligence – depending on the insurer, the component in question could be called either «gross negligence cover» or «gross negligence waiver». It is definitely worth paying the additional premium: if you cause an accident by an act of gross negligence, the insurance will still pay the entire claim.
This does not include accidents in which you were unfit to drive, however – for instance because you were excessively tired or under the influence of alcohol, drugs or medication. The insurance company also will not pay if you caused the accident by excessive speeding.
No one is immune to acts of carelessness on the road. And even if you are one of that rare breed of people who never make mistakes, a gross negligence waiver can still be worthwhile. This is because the cover extends to everyone who drives your car, from family to colleagues to your neighbours.
Incidentally, if you are on foot or riding your bike, your will cover you if you cause damage or injury to someone else. Just as in , gross negligence cover can also be included in private liability insurance, which could come in handy if you cause an accident because you are engrossed in your smartphone, for example.