Even if that was the case(I don't believe it is - there's nothing difficult about filling for bankrupcy it's just that the consequences can be rather severe - you can't run a company or get any kind of loan for years and years afterwards), why would car insurance companies go above and beyond what is required by them? My insurance is with Aviva, and I know as a fact that they are only required by law to offer 5 million euro coverage. Yet my policy clearly states 20 million euro 3rd party coverage. Why? I didn't ask for it at any point, and it still seems far beyond anything that I could ever cause in an accident. And it's certainly not like they advertise this fact anywhere, so it couldn't even be a marketing tactic(hey come with us, we offer more coverage than any other company!). It's just their bog standard policy as far as I can tell.
