Advantages of Car Insurance in Germany
Advantages of Car Insurance in Germany Car insurance is not just a routine procedure, it is a legal necessity in Germany, and it also provides you with the necessary protection in the event of an accident. This is what we will talk about in today's article in detail. Why is car insurance necessary in Germany? · Legally mandatory: Car insurance (Kfz-Haftpflichtversicherung) is mandatory for every car owner in Germany. · Financial protection: Insurance protects you from the high costs that may arise from an accident you caused, such as the costs of repairing another car or compensating the injured. · A prerequisite for registration: You cannot register your car in Germany without providing proof of valid insurance. Types of car insurance in Germany There are several types of car insurance in Germany, each with its own coverage: · Compulsory insurance (Kfz-Haftpflichtversicherung): · Covers damage to others and th