Actually b34 of the b300 goes to recover hospital costs. The rest is for tourism promotion.
I think b500 would be better and cover everyone for the duration of their tourist visa up to 90 days. Then allow people to continue paying for longer stays and extensions. The promotional publicity by advertising this would be fantastic for the country image. “WE TAKE CARE OF YOU”
THE THAI DEPT OF TRANSPORT has a complete list of laws and requirements in Thai. This TA article is a pretty good summary.
Be advised that “conventions” still have to abide by these rules and are visa dependent. If you “ live” here YOU NEED A THAI LICENSE. If you are on a tourist visa you need both your home and intl license for the véhicule you are operating and after 60 days you need to apply for a Thai license. After 90 days you are no longer legal and can be held in the country until the incident is settled.
Stuart is right. I volunteer with the cops and have had a couple of sticky incidents where cars and motorcycles driven by unlicensed or over time limit foreigners.
The international license is to give cops a chance to understand licences in multiple foreign languages. The 90 day limit is for TOURISTS and to make sure that longer stay drivers are put through the Thai health and reaction tests. Supposed to watch the video too. Enforced 100%? NO. But don’t have an accident involving bodily harm or you might end up meeting me through iron bars. Lol