Personal liability insurance
Who deals damage to others
A slight mistake such as a way of riding when riding a bike or an unworthyly discarded cigarette can also cause consequential damage in the amount of millions. In particular, if persons are suffering from damage, the claims for damages can mean the financial ruin of the causer. There is no limit on the up. Private liability insurance is a must for everyone.
-The basic Whether out of recklessness, misacity or forgetfulness - if you cause damage, you just have to stand for it. The injured party has a legal right to reasonable financial compensation. This includes the cost of restoring or replacing damaged items, as well as follow-up costs such as a loss of use. If people are injured, treatment costs and loss of income are incurred. Often the injured person is entitled to compensation for compensation, even to a lifelong pension if there is permanent health damage. You are liable with your entire fortune Not all cases of private liability are as harmless as the window shot at football or the red wine patch on the carpet of the neighbour. The damage caused may be so high that it endangers your economic existence. As a polluter, you are liable with all your assets, with house and land, with bank deposits, pay and salary. Even a later inheritance can be accessed in an emergency.
-Scope of services The liability insurance protects you and your family from potentially ruinous claims for damages. The insurer first checks whether and in what amount you are obliged to pay damages. If the claim is justified, it pays the compensation, i.e. the compensation into money. By the way: private liability also protects you as a real estate owner against damage caused by your house as long as you live it yourself. Spouses and children are of course also covered in cover. In addition, the private liability insurance also applies during temporary stays abroad. Defence of unfounded claims If necessary, the insurer shall forfeit claims for compensation. If there is a legal dispute with the person who provides the claim for damages, your liability insurer shall conduct the process and bear the costs. Liability insurance therefore also offers a kind of legal protection for unauthorised liability claims. Fines are not insured. However, private liability does not pay for damages that the insured persons insured together in a contract carry out. Deliberately induced damages, fines and fines, pure contractual obligations such as the repayment of loans or damage through the use of motor vehicles are excluded - for this there is the liability insurance for which every holder of a motor vehicle must take out.
-Who is insured? The liability insurance first protects the policyholder himself - he is a contractual partner with all rights and obligations. The family members of the policyholder, spouse and children are also protected by private liability insurance. Even if no marriage has been made, the insurance cover can be extended to the life partner. For this, the name of the partner must be included in the contract. Complete protection The liability protection even extends to household and garden aids and babysitting. If, for example, a neighbour is harmed by your babysitter during his activity, your liability insurance usually pays. If the policyholder dies, the liability protection for the relatives passes until the next premium due date. If the surviving partner pays the next premium, he automatically becomes a contractual partner, the insurance cover then continues to run completely.
-The topic costs insurance costs money - but those who do not include personal liability insurance take a high risk. Because mishaps or accidents cannot be predicted or avoided. Anyone who does not want to remain on their obligation to pay shall require good liability protection in such cases. Private liability insurance for you and your family with the scope of services included in the industry is already a part of an annual fee of under one hundred euros.
-Typical claims The private liability risk is often underestimated - often a small inattention is enough to cause great harm. And a serious misfortune happened quickly: who has not crossed the road in a hurry despite red traffic lights to reach the bus. If there is an accident, the liability for the damage occurs. Personal injuries are also not uncommon: as a cyclist, for example, you come across as a cyclist and injure his encounter, you pay the damage out of your own pocket if you have no liability insurance. Children often cause damage Damage from children is particularly common, because children cannot yet assess the consequences of their actions as well as adults. Through thoughtless play with the lighter, the whole tenement house can burn down, the building insurance of the house owner then takes the parents of the snuffing child into recourse. But the damage does not have to be that great - when playing football on the street, some ball does not end up on the net, but in the shop window of the shop next door.
-The Right Agreement What liability protection do I need? The incomprehensive protection of private liability insurance is usually sufficient for the vicissitudes of daily life. By the way, you are also insured as a cyclist, skater and during the practice of typical leisure sports. However, certain cases must be insured separately: for cars, motorcycles, mopeds, etc., motor vehicle liability insurance is required by law. If you have a sailing or motorboat, you need a sports boat liability. Owners of horses, dogs and other larger animals conclude special pet owner liability insurance. Special liability for landlords and builders As the owner of an apartment house, landlord of a family house or owner of an undeveloped plot, you need a separate home and landlord liability insurance. In the case of smaller construction projects up to an estimated sum of usually 50,000 euros, damages caused in connection with the construction activities are covered by the client's private liability. For larger buildings, the conclusion of their own builder liability insurance is required.