In Germany, third-party liability insurance (Haftpflichtversicherung), i.e. personal liability insurance, is a type of insurance that protects you against material and bodily harm that you may cause to third parties as a result of negligence or recklessness. In Germany, liability insurance is one of the most preferred types of insurance. According to the 2018 GDV survey by the Statistisches Bundesamt, 83% of households in Germany have personal liability insurance (Haftpflichtversicherung).
Liability insurance protects you from potential financial risks by covering property damage and personal liabilities that you accidentally cause. Furthermore, according to German law, this type of insurance helps you maintain your quality of life and comply with legal requirements.
Sample coverages above represent liability insurance for expats in Germany and varies depending on the insurance company and tariff type. The applicable coverage is specified in your insurance tariff.
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