The best liability insurance for individuals
For individuals offers The liability fund with the tariff “PHV simply complete” offers very good insurance protection. For EUR 83.30 per year, you are insured up to an insured sum of EUR 50 million. The best performance guarantee of this tariff goes beyond the usual. If you report damage, an insurance employee will check for you whether a competitor insures such damage and you do not have to research it yourself. We think: That is real service quality. In the event of damage, you will have a lot on your plate anyway – the concessions of the insurance company can then be a great relief.
Unlike usual, the liability insurance company not only pays the current value of a mobile phone or a camera in the selected tariff in the event of property damage, but also pays a new value compensation of up to 2,500 euros. In addition, failure coverage is included in the insurance cover. This is even liable if damage was caused to you intentionally. Possible damage caused by drones weighing up to five kilograms is included in the insurance cover. In addition, the private liability of the liability insurance can be canceled on a daily basis.
You are a bit cheaper at the Bavarian insured with the “Prestige Top Schutz” tariff. Singles without children receive insurance cover for an annual fee of EUR 77.90 and can also be canceled on a daily basis. The coverage is 50 million euros and you pay no deductible. The insurance protection also includes loss coverage, which is also liable in the event of intent – this is not a matter of course.
Tenants are also insured against possible damage to rented property and volunteers do not need additional association insurance to be covered for their social commitment. In addition, childminders and babysitters are also insured under this private liability insurance. However, if you like to explore the neighborhood with your drone (up to 0.5 kilograms), you are covered, but you have to pay a deductible of 250 euros. If you watch out for the neighbor’s dog more often, you are also armed against liability for damage with the Bavarian. And the loss of the key to a rented apartment is also insured for up to 50 million euros. However, self-employed or part-time activities are only insured up to an annual turnover of 15,000 euros.
Important: The “Prestige Top Schutz” tariff from Bavaria is noticeably cheaper if you have been insured for several years without previous claims.
There is another cheaper private liability insurance for singles that can keep up with the insurance cover of the liability insurance and the Bavarian: At the VHV you are protected with the tariff “Exclusive with best performance guarantee” for 75.57 euros per year. This insurance also has coverage of 50 million euros. For less money, the same components are included as in the tariffs of the Bavarian and liability insurance companies. In addition, the insurance is liable for all damage to rented or borrowed items. The Bavarian does that too, but only up to a maximum of 10,000 euros.
The best performance guarantee is also included here, but not including research by the insurance company. The VHV can score with a so-called pre-insurer guarantee; if your old liability insurance covered possible damage that is theoretically not covered by the VHV, you are still just as well protected as with your previous insurance. An example: Your previous insurance insured a boat with an engine power of 20 hp, but the VHV only up to 15 hp. With the previous insurer’s guarantee, also known as a guarantee of ownership, you are still insured with the VHV for up to 20 hp.
Our recommendation: All three presented tariffs for singles are very close together. If service quality is particularly important to you, we recommend Die Haftpflichtkasse. Here you have an incomparable advantage due to the special form of the best price guarantee. If you want very good protection but also cheap insurance, the Bayerische and VHV offer the best value for money. Of course, it is also much cheaper for singles. You can insure yourself as a single person from as little as 40 euros – but then the benefits are significantly less. We think: 75 to 85 euros is very well invested money for all-round protection.