THE OPTIMUM SUM INSURED
You are well off with your private liability insurance if you have financial losses covered with 100,000 euros and damage to a rental property with 300,000 euros. To also cover severe damage, the sum insured for damage to property and personal injury should be at least 10 million euros.

CO-INSURE CHILDREN
Children are also insured without extra charge. Also applies to children of full age as long as they are in education and are not yet married. A contractual clause on the incapacity of children guarantees you that your insurance company will be liable in the event of a claim even without a review of the breach of supervision.

INCLUDE LOSS OF RECEIVABLES
One-third of all German households do not have private liability insurance. To ensure that you do not go away empty-handed in the event of a claim, it makes sense to take out a policy with cover for bad debts. In this case, your insurer will also cover the costs of damage caused to you by someone without private liability insurance.

CANCELLATION AND HOUSEHOLD CONSOLIDATION
As a rule, when changing insurance, the old contract must be cancelled three months before expiry. Otherwise, it is automatically extended by one year. If you move into a shared flat as a couple, the younger policy can be cancelled without notice. The more extended existing contract is continued. Please note, however, that there is no liability between them if you have a joint policy.

WHY SHOULD YOU TAKE OUT PRIVATE LIABILITY INSURANCE
Private liability insurance is part of the introductory private essential provision and covers the most critical risks of everyday life. Everyone is legally obliged to pay for self-inflicted damages and, in the worst case, to be liable with their entire assets.

Private liability insurance checks whether and to what extent claims exist and provides justified compensation. It fends off unjustified claims by other persons and bears the costs of any legal disputes that may arise.

WHEN DOES THE PRIVATE LIABILITY INSURANCE PAY?
CASE EXAMPLE 1
A cyclist is riding on the sidewalk and, after the next turn, overlooks an oncoming pedestrian and drives at him. The pedestrian falls and breaks his right shoulder with the results in treatment costs and a loss of work of about four weeks. Also, compensation for pain and suffering is due. These costs are covered by private liability insurance.

CASE EXAMPLE 2
Two friends were chatting together with the notebook. Out of carelessness, one of them knocks over his glass, and the drink pours over the keyboard. The laptop is ruined and needs to be replaced. The private liability insurance reimburses these costs.

WHO IS INSURED?
In principle, the person who has taken out insurance is insured. In the case of family tariffs, life partners and minor children of life partners are also protected. The insurance cover applies to children of full age as long as they are in education and are not married or partnered. In the same way, military and community service personnel not living in the same household are also insured.

If you have a butler, he or she is also insured, as are household and garden helpers and babysitters. Persons who live in the same household can be included in the contract.

WHAT SHOULD THE PRIVATE LIABILITY INSURANCE INCLUDE?
You should choose private liability insurance with a coverage of at least 10 million euros and make sure that the tariff offers benefits that suit your life situation. Also, you can include coverage for damage caused by children under the age of 7 or the loss of foreign private keys or company keys.

Particularly important may be the inclusion of the bad debt cover, which ensures your liability claims if the actual person responsible is insolvent.
Damage caused by acts of kindness or to borrowed items can also be included in the insurance.