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Personal liability will cover the costs of medical bills, as well as your legal defense fees, up to the limit of your liability coverage. However, personal liability coverage may also be able to cover an incident that occurs outside your home or property.
The vast majority of German people have personal liability insurance for just this reason. It's also relatively inexpensive ? standard policies will only set you back ?40?60 per year as a single person, and family policies are also reasonably priced.
While liability insurance in Germany might not be compulsory, it is one of the most popular voluntary insurances in the country. It protects you from paying great amounts of money in compensation for any unforeseen damages you cause to others or their property.
Liability insurance pays if you damage or destroy another person's belongings. For example, if you break a vase or spill coffee on a friend's smartphone. Most Germans have that kind of insurance because it is inexpensive and protects you from having to pay for the damage with your own money.
Personal liability insurance in Germany Liability insurance is one of the most commonly-held types of private insurance in Germany. Unlike health insurance and car insurance, private liability insurance is not mandatory in Germany, but it may as well be, considering how many people choose to take out a policy.