Insurance protection at the turn of the year: What does liability cover and which insurance company pays for damage caused by New Year's Eve fireworks?

Insurance protection at the turn of the year: What does liability cover and which insurance company pays for damage caused by New Year's Eve fireworks?

According to a report by www.bild.de, the traditional fireworks spectacle in Germany causes millions of dollars in damage every year. The question of which insurance covers which types of damage is therefore very important.

Private liability insurance covers third-party damage caused by negligent handling of fireworks, but not in cases of deliberate negligence. In the event of damage to the home and movable objects, the household contents insurance is responsible, while damage to buildings is covered by the building insurance. Drivers should consider partial or fully comprehensive insurance, depending on their contract, to cover fireworks-related car damage.

Parents are liable for damage caused by their children using fireworks and should therefore ensure that their children do not handle fireworks unsupervised. Self-inflicted injuries when handling fireworks are covered by health insurance, while private accident and occupational disability insurance can help with permanent damage. It is important to document damage precisely and inform the insurance company immediately.

The fireworks spectacle can therefore have a significant impact on the insurance industry by increasing the number of claims. Consumers must carefully check which insurance is suitable for possible damage and, if necessary, conclude appropriate contracts. More information about insurance coverage related to fireworks damage could therefore influence the insurance industry.