Minor damage to the car: When an insurance report is really necessary

Minor damage to the car: When an insurance report is really necessary

According to a report by www.waz.de, the Viersen District Court has decided that in the event of minor damage to the car, a simple cost estimate is sufficient instead of an expert report. The limit for minor damage was set at 1000 euros.

This decision has implications for the insurance industry as well as car owners. Insurance companies can save costs because they no longer have to pay for expensive reports in such minor cases. On the other hand, car owners must now be careful not to hire an expert to carry out an assessment in the event of minor damage, as this will not be reimbursed by the insurance company.

The impact on the market could be that demand for appraisals decreases as insurance no longer pays for them. This could lead to the market for automotive experts shrinking. Consumers must be aware that in the event of minor damage, they can only submit cost estimates and will no longer be reimbursed for reports.

Overall, this decision may lead to a change in insurance practice and the automotive appraisal market. Car owners should be clear about what is covered by their insurance in the event of minor damage and what costs they will have to cover themselves. This may lead to a change in the approach to claims settlement.