Residential real estate market: Summer holidays have a clear impact

11. August 2020, 14:38 The prices of the residential properties offered for sale in Germany as a whole – with the exception of the ten cities of Berlin, Bremen, Dresden, Düsseldorf, Frankfurt am Main, Hamburg, Cologne, Leipzig, Munich and Stuttgart – have remained constant over the past week. They are still slightly above the current […]

In 2020, banks will have to write off loans of up to 415 billion euros

10. August 2020, 18:21 In order to reduce the impact of COVID-19 on the financial system, many countries are switching their government subsidy measures to granting private loans. This largely shifts the responsibility of keeping the economy going in times of COVID-19 to private lenders. According to a recent study by the consulting firm Accenture, […]

Car insurance: prices remain constant – despite less damage

26. August 2020, 09:56 During the lockdown, motor insurers had to settle fewer accidental claims. This development is not reflected in the prices of motor vehicle insurance. This is shown by the vehicle insurance index of the comparison portal Verivox. Higher prices in summer “Despite falling claims figures during the Covid 19 crisis, the prices […]

Verdict: Insurance must pay for consequences of a dog bite

19. August 2020, 12:46 Law / Taxes | Insurance A pet owner’s liability insurance must cover the consequences of a dog bite despite a generally effective disclaimer. The Frankfurt Higher Regional Court decided that and announced it on Wednesday. In 2012, a plaintiff’s dog bit a two-year-old child in the face in a park with […]

Landowner Insurance presents a new concept for vacation properties

13. August 2020, 11:32 With its new holiday home concept, GEV Grundigentümer-Versicherung (GEV) is now offering a product package tailored to the protection of domestic holiday homes. The foundation is made up of home and contents insurance or a combination of both. Depending on your needs, additional modules such as elementary protection, glass protection and […]

Court: Insurance does not have to pay for closure due to Corona

29 July 2020, 1:36 pm With an insurance against a business closure, there is no coverage against diseases or pathogens such as Covid-19 or Corona, if these are not expressly named in the contract. The Hamm Higher Regional Court decided in an urgent procedure and announced it on Wednesday. The list of the insured diseases […]

Hannover Re wants a quick dialogue about state-private pandemic insurance

July 20, 2020, 8:45 am Hannover Re boss Jean-Jacques Henchoz is urging governments and insurers to negotiate quickly about joint coverage of pandemic risks. Jean-Jacques Henchoz “Partnerships between the state and the private sector are necessary,” said the head of the world’s third largest reinsurer of the “Neue Zürcher Zeitung”. There are already “encouraging debates” […]

BaFin: No age discrimination in motor vehicle insurance

July 2, 2020, 9:52 am BaFin has checked whether the impression given by older policyholders or car drivers is correct that they wrongly have to pay higher premiums in relation to other age groups. Conclusion of the investigation. With the age-dependent rating in motor vehicle insurance, everything goes well. There is no age discrimination among […]

Home vacation with the camper – which insurance do I need?

24 July 2020, 12:23 Many German citizens are going on camping holidays this year. This type of vacation has become more and more popular in recent years and should win even more fans with Covid-19. In 2019, the number of new registrations of leisure vehicles in Germany rose by almost 14 percent to 80,863, including […]

Heavy rain and floods: what does the insurance pay?

15. June 2020, 14:03 Since not everything is covered by the building and household contents insurance in the event of the forces of nature, additional insurance cover is required in the case of heavy rain and floods through an elementary damage insurance. Legal experts at Arag explain which insurance comes into play when, how you […]