Inexpensive liability insurance: This is how you can find the right protection from 20 euros per year

Inexpensive liability insurance: This is how you can find the right protection from 20 euros per year

According to a report from www.morgenpost.de, private liability insurance does not have to be expensive. Basic protection, which is generally recommended by insurance experts, is available from around 30 euros per year. This insurance protects against damage to other people or their property and therefore covers financial, property and personal damage. The costs for private liability insurance depend on various factors such as age, the number of children, the amount of coverage and the deductible. A high coverage amount of around 10 million euros per claim is recommended, especially to cover personal injuries with long-term consequences. A low deductible is often more advantageous in the event of damage because it can be financed using liquid assets.

Furthermore, many liability insurance companies offer a wide range of additional services that can be individually interesting. These range from protection abroad to loss of keys to protection for special hobbies. The consumer advice center recommends additional protection for certain groups of people such as home and land owners, animal owners, owners of oil tanks, builders or hunters. These additional benefits can have a minimal impact on the annual fee and are therefore often worthwhile.

Overall, it can be said that good liability insurance does not have to be expensive, but can still offer comprehensive protection. However, individual needs and the costs of any additional services should be carefully considered in order to find the best possible offer. As with any insurance contract, it is important to compare the rates from different providers and to obtain thorough information.