previously from Kunming / Hong Kong now live from Germany. When you register a car in any EU country, you must insure it for third party liability. You will start by selecting if you want to sign your first insurance (“Neues Auto versichern”) or if you want to switch insurances (“Versicherung wechseln”). If you're stationed in Germany and plan to drive, you'll need car insurance before you can register your vehicle. ERGO Insurance Group is one of the biggest insurance companies in Germany and operate in more than 30 countries. In Germany this Kfz-Versicherung is mandatory, which means there is no way around getting an insurance as soon as you own a car. Federal Office for Migration and Refugees, Explanation of the most important insurance terms, Information about motor vehicle insurance. Contact your local ECC. This type of insurance is actually mandatory for everyone who is hired as an employee in Germany. They tell you how well that insurer pays back claims, how responsive they are, whether they are environmentally friendly, do everything digitally, and so on. Overview 2. It doesn't cover other costs (e.g. So I’d recommend to give it a try and check with a few insurers on whether they can accept your claim. Most folks would just ask their favorite insurance agent, but for me, I simply went on a price comparison website called Tarifcheck.de and searched for it. Germany has a claim to being the home of health insurance. Health care insurance is divided into 2 parts in Germany , Largest part of health insurance is the basic public health insurance provided by State which provides only a basic coverage. The key to buying insurance in Germany is to shop around. It covers you if you have an accident causing damage to property or injury to anyone other than the driver. Germany: Insurance & Reinsurance Laws and Regulations 2020. Cross-Border Care, Travel Insurance and Evacuation Benefits 8. 1. How to get to Germany. Other things to know before signing up for a policy Consequently, it can be difficult for newcomers to the country to work out how much insurance they should take out. For Teilkasko insurance, it is generally about 150 euros; for Vollkasko insurance between 300 and 500 euros. In a short period of time expenses can grow substantially, especially if you plan to go hiking in the mountains, as you have to pay for the emergency services in Germany. Here is a quick overview of typical car insurances in Germany: There are many ways. Comment document.getElementById("comment").setAttribute( "id", "a6475dd12d9d94009b636c1f560e3c9d" );document.getElementById("j2b6afe8b6").setAttribute( "id", "comment" ); Your email address will not be published. We will answer as soon as we can. Bring your proof of insurance, valid USAREUR license and valid U.S. driver’s license. The kind of insurance in Germany you will subscribe to might not be the first thing that comes to mind when planning to move here, but it is utmost important to plan ahead some coverage. You can also take out additional, optional insurance, called first party liability, covering other risks. You can get personal advice in German and English over our hotline. Germans tend to take insurance quite seriously. But the rental insurance is an add on, so you’ll need to purchase it along with a travel insurance plan. My decision process was very simple: I took the insurance with the best combination of claim-refund rating, customer satisfaction and of course best-price. In Germany, a car can only be registered if it is insured. Getting insurance to drive someone else's car can sometimes cost more, because insurers see you as a higher risk if you don't have financial interest in the vehicle you're using. Sick Pay Insurance 7. To register a car – may it be a new one or one you bought second hand – you need to have at least a car insurance. ERGO Insurance Group. You should try to protect its value. This can raise the insurance bill considerably, and insurance is not cheap in Germany. We'll assume you're ok with this, but you can opt-out if you wish. Many people end up either under-insured or over-insured. Kfz-Versicherung – Car Insurance If you own a car in Germany you need to have a Kfz-Haftpflichtversicherung which covers all damage done by you operating a vehicle to another person/car/etc. If you're moving abroad, GEICO Financial Services GmbH (a GEICO affiliate) can help take the hassle out of getting international car insurance, motorcycle insurance, and personal property insurance coverage.