LVM Landwirtschaftlicher Versicherungsverein Münster a.G. (LVM Insurance Group)

Driver age and experience limit

The vehicle may generally only be driven by the drivers named in the application. Occasional driving by other persons is permitted if they are at least 23 years old, or in cases of a prospective buyer, a workshop/hotel employee on duty, or an emergency.

Repair network requirements

Policyholders have free choice of repair workshop in a Kasko claim; there is no obligation to use an LVM partner workshop. Using the optional LVM-SchadenService (free courtesy car, pick-up/drop-off, cleaning) requires repair at an LVM-arranged partner workshop.

Territorial scope

Cover applies within the geographic borders of Europe and non-European territories that belong to the European Union.

Anti-theft requirements

For cars, campers, taxis, rental and self-drive-hire vehicles, compensation for total loss/destruction/loss due to theft is reduced by 10% if the vehicle was not secured by a self-arming electronic immobilizer at the time of theft. Vehicles must also not be left unattended outside enclosed storage for extended periods to retain full 'Ruheversicherung' cover when off the road.

Claim notification deadline

Claims must generally be reported within one week. Theft of the vehicle or mitinsured parts must be reported immediately in text form. For theft, fire, or animal-collision damage exceeding 150 EUR, the police must also be notified without delay. Sachschäden expected not to exceed 500 EUR may first be self-settled before notifying LVM.

Deductible rules

The deductible amount and whether one applies is set individually per contract and stated in the Versicherungsschein; it is deducted from the compensation for each claim event. Exception: glass breakage repaired (not replaced) via a company coordinated with LVM is reimbursed without deducting the deductible.

Animal bite follow-up damages

Comprehensive coverage for follow-up damages caused by animal bites (e.g., marten bites)

Short-circuit damage to wiring

Unlimited coverage for short-circuit damages to vehicle wiring in partial casco

Glass breakage damage

Coverage for breakage of front, side, and rear windows, windshield, and lights

Coverage for gross negligence

Unique feature: LVM covers damage even in cases of gross negligence (with exceptions)

New value replacement for used vehicles

For newly purchased used vehicles, replacement value is paid within 24 months of purchase

Comprehensive animal collision coverage

Unique coverage: LVM covers collisions with ALL types of animals, not just large game

Special equipment coverage

Special vehicle equipment is insured without requiring premium pricing up to a maximum limit

Free workshop choice

Policyholders can choose any repair workshop; LVM does not bind customers to affiliated workshops

GAP cover for leased/financed vehicles

Under Vollkasko, the GAP add-on covers the difference between the replacement value and the higher outstanding leasing or loan balance in case of total loss/theft/destruction, so the policyholder is not left owing a shortfall to the leasing/finance company.

Claim notification procedure

Claims must be reported in text form (Textform); online claim reporting available through LVM website

Claim settlement approach

LVM either repairs vehicle directly via SchadenService or reimburses repair costs chosen by policyholder

Deductible (self-participation) structure

Casco policies include deductible amounts for partial and comprehensive coverage; deductible varies by coverage type

Police notification for animal collision

For animal collision claims, police must be notified

Update guarantee

LVM automatically keeps insurance coverage up to date with current conditions without requiring policy changes