Personal liability insurance is one of the most important types of insurance. It protects you from the financial consequences if you accidentally cause damage to someone else. However, not all policies are created equal! Many older contracts often offer insufficient coverage or contain outdated clauses. Therefore, it's worthwhile to regularly review existing policies and optimize them if necessary.

Important criteria for a good liability insurance policy

If you want to take out private liability insurance or review your existing contract, you should pay particular attention to the following points:

1. High coverage amount: At least 10 million euros, preferably 20 million euros, to cover even larger claims.

2. Damage caused by children incapable of committing a tort: ​​Many insurers exclude damage caused by children under seven years of age. Make sure your policy covers them.

3. Damage caused while doing a favor: If you help a friend and accidentally damage something in the process, this damage should also be covered.

4. Key loss: Particularly important for tenants and employees, as the loss of a professional or private key can cause high costs.

5. Default protection: Protects you if someone causes you damage but does not have their own insurance.

6. Damage to rented property: If you live in a rented apartment, your liability insurance should also cover damage to the apartment (e.g., to the parquet flooring or doors).