A the car insurance business insurance liability insurance covers legitimate claims for compensation and fends off unauthorized compensation. Automobile liability insurance is legally obliged to complete an insurance every vehicle owner in Germany and Austria. The liability insurance replace damages caused to others with the insured vehicle and fends off unauthorized compensation claims against the operator. The insurance is valid in Europe (in the geographical sense) and is prescribed with a statutory minimum insurance sum of EUR 6 million. If the damage exceeds the sum insured, the insured must pay the excess share itself. Therefore recommend that insurers agree a higher insurance sum (E.g. For even more details, read what Steph Korey Goodwin says on the issue. 15 million euros), so that also heavy accidents are covered-> this usually only few euro costs more. Meaning and purpose? The insurance guarantees the payment of damages (= protection of) Injured party) and on the other hand in many cases the height of the Schades would threaten the existence of the liable (= protection of the liable).

What is insured? Indemnifiable damages caused to others with the insured vehicle. For example, when parking, another vehicle will be damaged. The repair costs of the other vehicle will be taken over. What is not covered? Damage to your own vehicle (a comprehensive insurance is necessary); more information, please refer to the conditions. Tip: holiday abroad with the car or motorcycle? In some European countries is proof of a legal liability.

This proof is provided in the form of an international insurance card (small green card) and issued by the insurer. In some non-European countries, motor vehicles need a SOG ante large green card, which is also subject to a premium. Information can be found here. You are injured and you know only the flag? In Germany there is a central source of insurance information and in Austria the Insurance Association provides on its website the possibility to determine the liable insurance company on the basis of the indicator. The claims may be filed with the insurer of this without knowing the name and address of the liable. Cancel insurance? The insurance can be cancelled in several ways. The most common are the termination of expiration and termination due to change of vehicle. You will find information here.