Hannoversche Lebensversicherung AG

Territorial scope

MTPL cover applies within the geographic borders of Europe and non-European EU territories; the scope of cover follows the statutory minimum required in the country visited, but never less than the German contract's own scope.

Green card rules

If an International Insurance Card (Green Card) has been issued, MTPL cover extends to the non-European countries listed on the card provided the country name is not struck through; some countries require the card to be presented.

Driver restrictions

The vehicle may only be driven by a person holding the required driving licence; driving under the influence of alcohol or other intoxicants that impair safe control of the vehicle is prohibited, and the policyholder, keeper or owner must not knowingly permit an unauthorised or unlicensed person to drive.

Claim notification deadline

Any event that may give rise to a claim must be reported to the insurer within one week; ongoing investigations by police, public prosecutors or other authorities must also be reported without delay.

Bonus-malus rules

Premiums follow the statutory no-claims discount class system (SF-Klassen) based on the claims history in MTPL and comprehensive cover; classes range from M/S/0 up to SF 50, with upgrades after claim-free years and downgrades after claims. An optional Rabattschutz can be added from SF class 3 upward, protecting the class from one downgrade-triggering claim per policy year for an additional premium.

New car replacement

Full new car replacement price guaranteed if vehicle is stolen or total loss occurs, within age and ownership criteria

Used car purchase price reimbursement

For used vehicles, not only replacement value but the actual purchase price is reimbursed in total loss scenario

Workshop binding discount

15% discount on comprehensive coverage premium when customer selects workshop binding at policy inception

Elemental damage without downgrade

Damages from storm, hail, flooding or falling snow/ice in partial comprehensive are paid without claims-free class downgrade

Performance update guarantee

Policyholders automatically benefit from product improvements at no additional cost over time

Mallorca coverage / foreign rental car coverage

Coverage for insured person or spouse when driving foreign insured vehicles on vacation, including travel within and outside EU

GAP coverage (financing/leasing protection)

Covers the gap between financed/leased vehicle residual debt and insurer's settlement in case of theft or total loss

Traffic legal protection

Optional coverage bearing costs of legal disputes arising from motor vehicle accidents and claims

Driver protection / Fahrerschutz

Optional add-on protecting driver and passengers, covering medical expenses and increased needs after accidents

Short circuit overvoltage damage coverage

Repair costs for overvoltage damage caused by short circuits to adjacent engine components, up to 10,000 EUR (or 20,000 EUR in exclusive package)

Animal bite damage coverage

Covers repair costs not only for wild animal impact but also for bites from any animal, including pet animals and birds, with follow-up damage

Vehicle accessories and special equipment coverage

Factory-installed or retrofit accessories such as audio systems or tuning parts automatically insured up to 100,000 EUR maximum

Ferry/ship transport damage coverage

Coverage if insured vehicle on ferry ship encounters sea distress (collision, leak, sinking)

Theft-related damage from cargo removal

Covers vehicle damage caused by thieves stealing non-insured vehicle contents (e.g., laptop in exclusive package)

Claims-free discount class system

Statutory claims-free class system used to calculate premiums; each class has assigned percentage rates that insurers can freely determine

Coverage interruption and renewal rules

Coverage interrupted if vehicle decommissioned, sold, or scrapped; if interruption ≤6 months, claims history transfers as if uninterrupted

Recognized foreign driving licenses

Driving licenses from EEA member states or equivalent are recognized; applicable to SF 1/2 entry rating

Coverage restoration after 6+ month interruption

If interruption exceeds 6 months, claims-free rating does not transfer; reinstatement on different terms

European coverage area and green card

Coverage guaranteed in Europe and EU territories; Green Card (international insurance certificate) required or recommended for some countries

Private customers only

Hannoversche Motor Insurance currently offered only to private individuals, not to corporate/business entities

Online-only distribution

Hannoversche Motor Insurance sold exclusively online; no telephone consultation offered for product sales

Standard contract termination timing

Ordinary termination allowed one month before policy expiry; typically November 30 cancellation date; special termination rights available after claims or premium increases