Personal liability insurance is not compulsory, but everyone should be protected by this insurance.
Both individuals and families can take out insurance; children are covered differently depending on the insurance provider. In addition, concubinates are covered differently in the individual insurance companies.
Private liability insurance covers things at their current value, which means that the items that are to be replaced are valued at the current value at the time of the damage. Incidentally, this also applies to personal injury: A person's lost income can be claimed if he or she is unable to work or even incapacitated due to the damage suffered. The following are therefore insured:
- Damage to people and things
- Costs related to loss prevention
- financial losses
Various costs are included in the insurance. For example, the costs for a lawyer and for the appraiser are covered, court costs are paid and compensation payments are made.
Important: Regular driving of third-party vehicles is not insured. Anyone who borrows a vehicle and uses it only once can rely on private liability insurance, because this point is insured. The issue here is simply the regular loan of vehicles that cannot be secured. To do this, the additional component of third-party driver insurance must be included in the private liability insurance.
Another important point concerns real estate.
In general, the damage that is asserted against you as the owner of a building you live in is covered by private liability insurance. Nevertheless, insurers differ on this point and also partially exclude related services.
Damage suffered by a person living in the same household as the policyholder is also not insured. Damage due to wear and tear, contractual liability and deliberate crimes cannot be covered by private liability insurance, in addition to some other exclusions.
In order to achieve comprehensive protection through private liability insurance, various points can be included. The gross negligence is one of these points, furthermore the use of foreign horses, the activity as a teacher or the participation in hunting sport events can be insured.
Conclusion: This is how you are insured through private liability insurance
Personal liability insurance is not mandatory, but should be taken out by everyone. It protects against high claims on the part of injured third parties, because the party causing the liability must be liable for all of its assets.
Important point: Private liability insurance includes passive legal protection. This means that unjustified claims are warded off, which would otherwise have to be done by a lawyer in many cases and would therefore be expensive. It's still worth it Liability insurance comparison-Switzerland perform. The private liability insurance includes damage to property, people and financial loss and can be combined with the household insurance to a low-priced combined product.
If you want to find out more about personal liability insurance, we recommend that you take out household contents and Liability insurance comparison or to make such a comparison yourself. You protect yourself from unpleasant (because expensive) surprises!
