Swiss liability insurance (Haftpflichtversicherung) protects you, your family, and your property if damage is caused to third parties.
Liability insurance helps cover financial consequences and often provides legal protection in handling claims.
1. Conclusion of the insurance contract
- The contract includes coverage limits, deductible, and the selected insured amount.
- The terms define the scope and limits of compensation.
2. Choosing coverage
- Various coverage levels are available depending on individual needs.
- The insured amount determines the maximum compensation payable to the injured party.
3. Premium payment
- Premiums are usually paid monthly or annually.
- The amount depends on coverage level, selected sum, and other factors.
4. Reporting a claim
- In case of damage, the insurer must be notified and the event documented.
- Required documents must be submitted for claim processing.
5. Compensation and legal protection
- The insurer often pays compensation directly to the injured party.
- Deductibles and limits apply according to the contract.
- Often includes legal protection for representation in legal proceedings.
Summary: Coverage details and conditions vary by insurer, so it is always advisable to carefully review the contract and seek expert advice when choosing the right insurance.
