Generali Versicherung AG
Generali
Generali is a motor third-party liability insurance for the Austria market with no online purchase and 24/7 assistance.
Direct payment
Generali directly compensates injured third parties for justified claims and defends against unjustified claims on the policyholder's behalf, within the agreed insured sum.
Geographic scope
Austria
Europe in the geographical sense, plus all states that have signed the Green Card Agreement between the national insurance bureaus of the EEA member states and other associated states.
Unique selling points
- Liability sum can be voluntarily increased up to EUR 30 million, well above the statutory minimum of about EUR 7.79 million.
- At bonus level 'minus 3' the premium stays at its lowest tier even if a claim occurs.
- An optional 'Freischaden' waiver keeps the bonus level unaffected by one claim when booked within a Kfz insurance package from bonus level 5 or lower.
- Cars with low CO2 emissions or an electric drive get up to 20% off the MTPL premium.
- The optional Kfz-Europaschutz add-on compensates policyholders under Austrian law, up to their own liability sum, after accidents caused by foreign-plated vehicles, instead of relying on the foreign insurer's law.
Coverage limits
Bodily Injury Liability
€6,450,000 – €30,000,000
Generali's product page states policyholders may voluntarily increase the overall MTPL insured sum up to EUR 30 million. The statutory minimum sub-limit for personal injury (EUR 6.45 million, part of the overall EUR 7.79 million statutory lump sum) is set out in KHVG § 9, as reproduced in the AKHB annex.
Property Damage Liability
€1,340,000 – €30,000,000
Generali's product page states the overall MTPL insured sum can be voluntarily increased up to EUR 30 million. The statutory minimum sub-limit for property damage (EUR 1.34 million, part of the EUR 7.79 million statutory lump sum) and the separate EUR 80,000 cap for pure financial loss are set out in KHVG § 9, as reproduced in the AKHB annex.
Legal Defence against Unjustified Claims
Covered
The insurer defends against unjustified third-party claims, including in court, as part of the core liability cover. Related costs, interest and incidental payments are counted against (not paid in addition to) the agreed insured sum and are pro-rated if total claims exceed it. If the injured party and the policyholder are both insured with Generali, the policyholder may engage a lawyer of their own choice at the insurer's expense.
Green Card / International Motor Insurance Card
Covered
Extends the mandatory liability cover to all Green Card Agreement signatory states, at least to the level required for foreign-registered vehicles in the visited country or the policy's agreed sum if higher. Cover ends when the underlying policy ends, even if the card shows a later expiry date.
Roadside Assistance
Optional
Not part of the base MTPL policy itself; roadside and breakdown assistance is offered as a paid add-on (Tip&Tat KfzAktiv Plus) that can be taken out in combination with the Kfz-Haftpflichtversicherung, including a 24/7 emergency call centre.
Driver Accident Cover
Optional
Not provided under the liability policy itself; a liability contract does not cover the driver's own injuries. Generali's Kfz-Haftpflichtversicherung page lists a separate, paid Kfz-Insassenunfallversicherung (occupant accident insurance) that can be added alongside the MTPL policy.
Passenger/Occupant Liability Cover
€6,450,000 – €30,000,000
Persons carried in the vehicle with the keeper's consent are co-insured persons. If they are injured through the fault of the insured driver, their claims are covered within the same bodily injury liability sums, which Generali's product page states can be voluntarily increased up to EUR 30 million. This is fault-based liability cover, not a no-fault personal accident benefit.
Key conditions
Territorial scope
Coverage applies throughout geographical Europe and in all states that have signed the Green Card Agreement (all EU states plus Andorra, UK, Iceland, Liechtenstein, Monaco, Norway, San Marino, Serbia, Switzerland and Vatican City); the scope can be extended by agreement.
Green card rules
In states for which a Green Card is issued, or where its presentation is waived under the multilateral agreement, cover applies at least to the level required for foreign-registered vehicles in that state, or the policy's agreed sum if higher; cover ends when the policy ends, even if the Green Card shows a later expiry date.
Driver restrictions
The driver must be legally authorized to drive the vehicle and must not be impaired by alcohol or drugs; the vehicle must not carry more persons than the permitted/agreed maximum. Breach of these duties can release the insurer from its payment obligation within statutory limits, though claims of the policyholder or other co-insured persons who could not reasonably have known of the breach remain unaffected.
Claim notification deadline
The insurer must be notified within one week of becoming aware of the insured event, of a claim raised by an injured third party, or of the start of related administrative or court proceedings; in the event of personal injury, the nearest police station must be notified immediately.
Bonus-malus rules
Premiums follow the Austrian unified bonus-malus system with 21 levels ranging from level -3 (45% of the tariff premium) to level 17 (200%); new contracts start at base level 9 (100%). Each claim-free observation period (1 October to 30 September) lowers the level by one; each claim charged to the insurer raises it by three levels at the next annual due date.
Policy specifics
Liability Coverage Limits
Variable coverage limits available up to EUR 30 million, with statutory minimum of EUR 7.6 million (EUR 6.3 million for personal injury, EUR 1.3 million for property damage)
SourceBonus-Malus System
Austrian unified bonus-malus system with 19 levels (0-18), premium reduction with each claim-free year, premium increase if claim reported
SourceEuropean Protection
Coverage for accidents with vehicles with foreign license plates in EU countries and associated states; compensation according to Austrian law
SourceEligible Vehicle Types
Covers passenger cars, vans, commercial vehicles up to 1.5t payload, motorhomes up to 3.5t gross weight, and motorcycles
SourceFreischaden (Damage-Free Waiver)
Generali's product page states that a 'Freischaden' waiver, which keeps the bonus level unaffected by one claim, can be secured when booked within a Kfz insurance package from bonus level 5 or lower. This waiver is not mentioned in the AKHB terms themselves.
SourceClaims Payment and Procedure
Insurer directly compensates injured third parties for justified claims and defends against unjustified claims; claims procedure governed by Austrian law
SourceStatutory Minimum Compliance
Mandatory motor vehicle liability insurance required under Austrian Motor Vehicles Act (Kraftfahrgesetz - KFG) § 59; minimum EUR 7.6 million coverage mandatory
SourceRental Vehicle Coverage
Coverage applies to rented self-drive vehicles (Mietwagen ohne Beistellung eines Lenkers) within the policy's geographic scope, particularly in European Union
SourceDuty of Notification
Policyholder must notify insurer promptly (without undue delay) of occurrence of insured event and material changes to insured risk
SourceDriving Authorization Exclusion
Coverage void if vehicle operated by person not authorized to drive per motor vehicle regulations; includes driving without valid license or with suspended license
Source