Imagine you're happily driving through the city, listening to your favorite songs, and – bam! – a parking maneuver goes awry. Your car bumps into your neighbor's expensive convertible. What happens? Don't panic! Your car liability insurance is there to protect you. It covers damages you cause to others – to their cars, property, or even people. But – and here's the catch – your own car isn't covered. This means the insurance won't help you if your car itself is damaged. For such cases, you need comprehensive or collision insurance . Oh well, too bad, but I guess we'll have to take out another insurance policy.
What specific damages does car liability insurance cover?
- Personal injury:
You accidentally slammed the door in someone's face (don't worry, it happens to all of us!). Liability insurance covers medical costs and possibly compensation for pain and suffering if someone is injured. But don't worry – you're not the villain in this story! - Property damage:
If you bump into the nice car next door or drive into a fence while reversing, the liability insurance will cover the damage. However, damage to your own vehicle remains your problem; this is covered by comprehensive insurance. - Property damage:
If you damage something else with your car that costs money (e.g., a shop window you hit while parking), the liability insurance also covers these costs. So you can be absolved of liability without emptying your bank account.
But what doesn't the insurance cover?
- Your own car : You were admiring your neighbor's Porsche and ended up driving your own car into a ditch? Liability insurance won't cover you. You or collision insurance .
- Driver and passenger damages : If you or your passengers are injured, liability insurance does not cover the costs. But don't worry, accident insurance can provide coverage.
Can an insurance company refuse to pay me?
Yes, she's allowed to – but not for fun! If you've had many accidents in the past, an insurance company might hesitant to insure you. They assess your risk and then decide whether to accept you. For example, if you're considered a high-risk driver , an insurance company might reject or only offer you expensive rates .
But don't worry – it's not the end of the world. Insurers like HUK-COBURG , Allianz , or AXA are known for offering broader coverage, even for people with a less-than-perfect claims history . Even if you don't believe it at first, there's always a solution.
Which companies are the least likely to reject you?
- HUK-COBURG – One of the most popular providers, known for being less likely to reject claims . They offer affordable rates and fair claims settlement, even for people who have had a few mishaps along the way.
- Allianz – They offer more flexible insurance solutions and are willing to insure even higher risks . They won't leave you out in the cold, even if your driving history isn't entirely spotless.
- AXA – AXA is also among the providers that don't reject applications quickly . They have a wide range of insurance policies and even offer special rates if you're in a difficult situation.
- DEVK – DEVK has a particularly good reputation when it comes to insuring high-risk drivers customer-centric approach and individualized solutions.
Conclusion: A little damage, no problem – the main thing is that the insurance is correct!
So, what's the lesson here? Third-party liability insurance is a real superhero, protecting you from the financial consequences of your minor mishap, as long as you only step on someone else's toes (but not your own car). It's there if you property damage or personal injury , but unfortunately not if you damage your own vehicle. For that, you should collision insurance .
And if your insurance company rejects you, don't panic! There are always companies that are less likely to reject applications and still offer you fair coverage. HUK-COBURG , Allianz , and AXA are often your friends in the insurance jungle.
If you're still unsure which insurance policy is right for you, don't worry! Risk-BOT , the first AI superhero in the insurance jungle, will help you find the right rates – without any insurance nonsense. Risk-BOT has the overview and knows how to find the right provider without leaving you with a mess. So, what are you waiting for? Let Risk-BOT be your insurance hero!