Lower Austrian Insurance Company AG (NV)
NV
NV is a motor third-party liability insurance for the Austria market with online purchase and 24/7 assistance.
Direct payment
NV (Niederösterreichische Versicherung AG) settles MTPL claims directly with the injured third party rather than reimbursing the policyholder. NV's own product pages confirm that its Kfz-Haftpflichtversicherung is governed by its "Allgemeinen Bedingungen für die Kraftfahrzeughaftpflicht-Versicherung" (AKHB) and by the Austrian Kraftfahrzeug-Haftpflichtversicherungsgesetz (KHVG); under this statutory framework the injured third party has a direct right of action against the insurer, so payment flows straight from NV to the injured party. For example, NV states that injured passengers can claim compensation for pain and suffering, property damage and loss of earnings directly from the Kfz-Haftpflichtversicherer, and Austrian law (§ 26 KHVG) provides that the injured third party may assert their compensation claim against the insurer under the relevant insurance contract. The policyholder is not paid first and then required to forward money to the claimant; the insurer deals directly with the injured party/service provider.
Geographic scope
Austria (nationwide); NV branch network concentrated in Vienna and Lower Austria
Cover extends to Europe in the geographical sense, and in any case to the states that signed the Multilateral Guarantee Agreement between the national insurance bureaus of the EEA member states and other associated states of 30 May 2002.
Unique selling points
- Insured sum selectable up to EUR 20 million, well above the EUR 7.6 million statutory minimum.
- Rental-car MTPL protection abroad (Mietwagenschutz) is automatically included in the premium when the EUR 20 million insured sum is chosen.
- A dedicated premium discount is granted for fully electric vehicles on both MTPL and Casco.
- Young drivers under the 'Startplus' programme get a 65% premium discount by starting directly in bonus level 0 instead of level 9.
- The Green Card is issued free of charge with the policy and again annually, and can also be requested any time via the MEINE NV customer portal.
Coverage limits
Bodily injury liability (combined insured sum)
€7,600,000 – €20,000,000
NV covers justified claims for bodily injury up to the agreed insured sum. The statutory minimum insured sum in Austria is EUR 7.6 million; NV allows customers to voluntarily increase this up to EUR 20 million against a premium surcharge. Personal, property and pure financial loss claims from the same event share one combined insured sum (AKHB Art. 6.1).
Wenn Sie sich für € 20 Mio. Versicherungssumme in der Kfz-Haftpflichtversicherung entscheiden
Property damage liability (combined insured sum)
€7,600,000 – €20,000,000
Property damage claims are covered under the same combined insured sum as bodily injury and pure financial loss. NV offers insured sums from EUR 7.6 million (statutory minimum) up to EUR 20 million against a premium surcharge.
Section: Artikel 6 > Bis zu welcher Höhe leistet der Versicherer? (Versicherungssummen)
Der Versicherer haftet im Rahmen dieser Versicherungsbedingungen in jedem Versicherungsfall für Personen-, Sach- und Vermögensschäden
Defence against unjustified claims
Covered
No limit stated
The object of the insurance includes both satisfying justified claims and defending unjustified third-party claims raised against the policyholder or co-insured persons. Costs, interest and other ancillary charges are credited against (and thus share) the combined insured sum rather than having a separate limit.
Section: Artikel 1 > Was ist Gegenstand der Versicherung?
Die Versicherung umfasst die Befriedigung begründeter und die Abwehr unbegründeter Ersatzansprüche
Green Card (international insurance certificate)
Covered
No limit stated
NV issues the Green Card free of charge together with the policy and again annually at the main due date; it is mandatory to carry in some countries and confirms MTPL cover for foreign travel.
Wir übermitteln Ihnen kostenlos die Grüne Karte mit Ihrer Polizze und jährlich zu Ihrer Hauptfälligkeit
Roadside assistance (Kfz-Soforthilfe)
Optional
No limit stated
Roadside assistance is not automatically included in the MTPL policy; NV offers it as a separate, chargeable product called 'Kfz-Soforthilfe', providing breakdown help, vehicle recovery, interpreter arrangement abroad and a 24/7 hotline.
Nein, die Pannenhilfe ist nicht kostenlos. Die NV bietet dazu die Kfz-Soforthilfe an
Driver accident cover
Optional
No limit stated
The driver has no claim against their own MTPL policy for their own injuries; NV offers accident protection for the driver as an optional separate 'Kfz-Insassenunfall' policy, e.g. permanent disability from an invalidity level of 51% per the injury scale, selectable in addition to MTPL.
Dauernde Invalidität ab einem Invaliditätsgrad von 51% lt. Gliedertaxe
Passenger accident cover
Optional
No limit stated
Injured passengers can claim pain-and-suffering, property damage and loss of earnings from the at-fault MTPL insurer; NV additionally offers a dedicated, optional 'Kfz-Insassenunfall' policy for all occupants with a one-off death benefit and a 24/7 accident hotline, on top of statutory/MTPL benefits.
Einmalleistung € 100.000,- im Todesfall
Key conditions
Territorial scope
Cover extends to Europe in the geographical sense and, in any case, to the territory of the states that signed the 30 May 2002 Multilateral Guarantee Agreement between the national insurance bureaus of the EEA member states and other associated states.
SourceClause Artikel 4Page 3Section: Artikel 4 > Wo gilt die Versicherung? (Örtlicher Geltungsbereich)
auf Europa im geographischen Sinn, jedenfalls aber auf das Gebiet jener Staaten
Green card rules
In countries where a Green Card is prescribed or its presentation is waived under the multilateral agreement, cover extends at least to the scope required for foreign-plated vehicles in that country, or the agreed contractual scope if higher; cover ends when the policy ends even if the Green Card shows a later date. NV sends the Green Card free with the policy and annually at renewal.
SourceClause Artikel 5Page 4Section: Artikel 5 > Wie ist der Versicherungsschutz für das Ausland geregelt?
Der Versicherungsschutz erlischt mit dem Ende des Versicherungsvertrages
Driver restrictions
Obligations affecting cover include: the driver must be legally licensed to drive the vehicle, must not be impaired by alcohol or drugs, and the vehicle must not carry more passengers than legally permitted; breach of these can lead to the insurer being free from its obligation to pay, subject to statutory limitations.
SourceClause Artikel 9.2Page 6Section: Artikel 9 > Was ist vor bzw. nach Eintritt des Versicherungsfalles zu beachten? (Obliegenheiten)
dass der Lenker zum Lenken des Fahrzeuges kraftfahrrechtlich berechtigt ist
Claim notification deadline
The policyholder must notify the insurer of the insured event, the claim raised by the injured third party, and the initiation of any related administrative or court proceedings, within one week of becoming aware, unless the policyholder has already compensated the injured party directly.
SourceClause Artikel 9.3.3Page 6Section: Artikel 9 > Was ist vor bzw. nach Eintritt des Versicherungsfalles zu beachten? (Obliegenheiten)
dem Versicherer längstens innerhalb einer Woche ab Kenntnis
Bonus-malus rules
Premium is calculated based on claims history, evidenced by a loss statement (Schadenverlaufsbescheinigung) issued under Section 16 KHVG, applied per Article 15 of NV's AKHB. Loss statements from other EEA contracting states are treated the same as Austrian ones.
SourceClause Artikel 15Page 9Section: Artikel 15 > Welche Rechte hat der Versicherungsnehmer bei der Vereinbarung eines Bonus-Malus-Systems?
ist der Versicherungsnehmer vor Abgabe seiner Vertragserklärung über die Funktion des angewendeten Bonus-Malus-Systems zu informieren
Where to buy
Policy specifics
Rental car protection (Mietwagenschutz)
Coverage for rental vehicles in case of damage abroad (Europe)
SourceGreen Card (International insurance certificate)
International insurance certificate provided free of charge for coverage confirmation in Europe
SourceSelectable coverage limits
Motor Third-Party Liability coverage limits are selectable from EUR 7.6 million (statutory minimum) up to EUR 20 million
SourceBonus-Malus system
Premium calculation based on claims history; NV considers loss statements per KHVG § 16 and AKHB Article 15
SourceElectric vehicle discount
50% premium discount on MTPL and Casco insurance for fully electric vehicles
SourceTerritorial scope of MTPL coverage
Cover extends to Europe in the geographical sense, and in any case to the states that signed the Multilateral Guarantee Agreement between national insurance bureaus of EEA member states and other associated states of 30 May 2002
SourceSources
- https://vvonet.vvo.at/vvo/vvonet_website.nsf/sysPages/AKHB_2023.html/$file/AKHB_2023.pdf#page=3
- https://vvonet.vvo.at/vvo/vvonet_website.nsf/sysPages/AKHB_2023.html/$file/AKHB_2023.pdf#page=4
- https://vvonet.vvo.at/vvo/vvonet_website.nsf/sysPages/AKHB_2023.html/$file/AKHB_2023.pdf#page=6
- https://vvonet.vvo.at/vvo/vvonet_website.nsf/sysPages/AKHB_2023.html/$file/AKHB_2023.pdf#page=9
- https://www.nv.at/kfz-haftpflicht.html
- https://www.nv.at/kfz-insassenunfall.html
- https://www.nv.at/kfz.html