Check your domestic insurance policy, it will tell you where you are covered on your certificate (definitely EU and some others probably). A green card is an extension to your domestic policy and will give you the same level of cover (comprehensive/TPFT?) that you have domestically. The "Buy at the border" policy will just give you the necessary level of cover to ride in that country legally (third party?) but would probably not extend to theft or the benefits of a comprehensive policy but it's probably (not definitely) cheaper than a green card.
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