Bad debt insurance in liability
As before, not all German households have personal liability insurance. If damage occurs, bad debt insurance protects the injured party as a component.
Bad debt insurance protects the injured party
- It is hard to understand why not every household still has personal liability insurance. Consumer advocates also repeatedly point out that this protection should actually have top priority.
- According to the German Civil Code, everyone is liable with all of their assets if they harm another person. Liability damage represents an existential threat in an emergency.
- If you are harmed by someone else, you understandably want to get the damage reimbursed. In the worst case, you will suffer a physical impairment that will result in incapacity for work. In this case, the perpetrator would be sentenced to a lifelong pension.
- This would be his Liability accepted. If he doesn't have any, he has to be liable with his assets, if he doesn't have any, you're unlucky. It would be different, however, if your insurance contract included bad debt insurance.
- The bad debt insurance takes effect at the moment when the damaging party cannot afford it himself.
Marten damage - this is how you claim it from the insurance company
You have insured your car liability, partially comprehensive or even fully comprehensive and you ...
Liability can include different components
- One of these components is bad debt insurance. However, it does not apply to so-called minor damage, but requires a damage volume of at least 2,000 euros.
- The annual premium for liability insurance is marginal compared to fully comprehensive insurance, like Comparison calculator demonstrate. The surcharge for bad debt insurance is downright negligible. Just like the inclusion of children who are not capable of criminal offenses in liability.
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