A Kfz liability insurance is an insurance, which does not settle the own damage of the insured one, but a damage, which results to another from a traffic accident, at which the driver of a Kfz of the insured one carries the debt or for its consequences he to in-be entitled be to blame for-independently has.

These damage can be most diverse kind, how:

• Healing costs with personal injuries
• Pensions with disablement
• Repairs at other vehicles
• Repairs at other objects
• Cost replacement, if the other vehicle or object is irreparable or the costs of the repair were so high that the half current value is exceeded. One speaks in this case of a total loss.

The maximum remuneration of a damage or several damages depends on the so-called covering sum. If the damage exceeds this amount, then the must settle this excess amount. Since a damage can achieve easily higher damage sums in a larger accident, the covering sums are already in million euro the range. Mostly minimum covering sums are legally regulated.

In most countries a Kfz liability insurance is a condition for the permission of a motor vehicle in the public traffic.

There are also cases, in which the insurance remains achievement-free. Sometimes it is opposite the damage payment in advance requiring, it can the amount however from the insured one fetch itself back. Such cases are present e.g. with negligent or deliberate behavior such as drunkennessness in traffic or driven off motor-car tire. Usually this recourse is however in the height limited.

With difficulty also accidents with vehicles from other countries can turn out. In order not to have to negotiate with the foreign insurance, a domestic contract insurance can substitute. In Austria this is the association of underwriters, the roof federation of all insurance.

During travels abroad one needed the green insurance card usually for the proof of a valid insurance. It is in the European Union states and in many other States of no more prescribed (within the European Union the so-called characteristic agreement applies), carrying the Greens map can for one in an accident the damage completion however substantially facilitate. Importantly: Experiences show, in indebted accidents with personal injuries or even death sequence the "“Green map"” are usually compellingly required - holding or arrest up to clarifying the insurance protection already occurred.

Origin is the UN recommendation No. 5. From this the further agreements result. Responsible organization is the Council OF Bureaux with seat in London. The original Green map system had 13 states. Today there is 44. It applies mainly to Europe.

Some insurers combine liability insurance with so-called charters, which bring along Zusatzleistungen, as one knows them from automobile clubs. In addition count breakdown assistance, towing-services, overnight accomodation and return motion. A charter can contain just as special foreign offers as spare parts supplies.

Detail from some countries

Germany

Legal basis of the liability to insure is the obligation insurance law.

In the case of not determinable or not insured Kfz a remuneration fund of the German autoinsurers helps in Germany. This helps also traffic victims in accidents abroad in the function as remuneration place after the 4. KH-EG guideline. The final damage completion becomes then on behalf the traffic victim assistance (registered association, Hamburg) either through in Germany certified motorcar third-party liability insurers or accomplished in substitute power for these by damage adjustment offices.

For the completion and adjustment of damage in Germany the German office the Green map registered association with seat is responsible in Hamburg. Since 2003 is an European Union guideline into force. It demands each insurance is in each country of the European Union a representative to designate, who adjusts damage.

The Deregulierung of the German insurance market led to numerous different premium computation models. With the passenger cars there are vehicle-specific rating characteristics, like e.g. the type class of the vehicle, personal rating characteristics, like e.g. the age of the driver or the damage liberty discount and risk-referred rating characteristics, like e.g. the yearly mileage or the accommodation it vehicle over night. With commercial risks frequently the damage process plays a large role. It is usual that the societies inquire the damage process and the damage ratio at the Vorversicherer.

Austria

With passenger car and motorcycles the height of the premium depends after engine performance with bonus penalty system, with truck on the highest permissible total weight without bonus penalty, just like with trailers. In addition there are different discounts, which are handled different by the insurers for different subpopulations. Thus there is a woman discount or a senior discount. Relatively again is selfkept for driving licence beginners in the case of liability with some insurers.

In accidents with foreign vehicles in Austria the federation of the insurance companies of Austria designates a domestic partner insurance, which completes the damage after Austrian right. Likewise in accidents with not insured vehicles will proceed.

The official characteristic board generally applies as proof of an upright vehicle insurance with motor vehicles and trailers.

See also

• Topic list traffic
• All risks insurance on vehicles
• Legal expenses insurance

Related links

• http://www.gdv-dl.de/typen.html German type class allocation

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