R+V Versicherung AG (Raiffeisen- und Volksbanken Versicherung)
R+V
R+V is a motor third-party liability insurance for the Germany market with online purchase and 24/7 assistance.
Direct payment
If liability claims are valid, R+V pays compensation directly in cash to the injured third party; if claims are unfounded, R+V defends against them at its own cost, including as to the amount claimed.
Geographic scope
Germany
Cover applies within the geographical boundaries of Europe and the non-European territories belonging to the EU; the scope follows the legally required cover of the visited country, but at least the contractual scope.
Unique selling points
- An automatic Leistungsverbesserungsgarantie upgrades existing Pkw, motorcycle and camper policies whenever R+V improves benefits for newly sold contracts.
- The optional Fahrerschutz-Versicherung pays the driver's own personal-injury claims like a liability insurer, up to 20 million EUR per claim.
- Long-term claim-free drivers can reach SF-Klasse 45, cutting the liability premium to just 15% of the base rate.
- The Werkstattservice includes a free replacement car and a three-year repair guarantee when repairs are carried out at an R+V-selected garage.
- An Eigen-Kollisionsschäden extension covers damage the policyholder causes to their own second vehicle, a loss ordinarily excluded from liability cover entirely.
Coverage limits
Bodily Injury Liability
€12
R+V indemnifies the policyholder against third-party claims for injury or death caused by the use of the vehicle, up to the sums insured agreed in the policy schedule.
Property Damage Liability
€100
R+V indemnifies the policyholder against third-party claims for damaged, destroyed or lost property caused by the use of the vehicle, up to the sums insured agreed in the policy schedule.
Legal Defence Against Unfounded Claims
Covered
If third-party liability claims against the policyholder are unfounded, R+V defends against them at its own cost, including where claims are unfounded only as to amount.
Green Card / International Insurance Card Cover
Conditional
Where R+V has issued the Green Card, liability cover extends to the non-European countries listed on it, unless the country name is struck through; the scope follows the level required in the visited country.
Roadside Assistance (Schutzbrief)
Optional
The Schutzbrief is a separate optional contract covering breakdown and accident assistance, including up to 150 EUR for on-the-spot repair, up to 200 EUR for self-organised towing, up to 100 EUR for a locksmith call-out, up to 70 EUR per day (max. 7 days) for a rental car, up to 100 EUR per night (max. 3 nights) for accommodation, and up to 3,000 EUR for trip-abandonment costs or an emergency loan abroad.
Driver Accident Cover (Fahrerschutz-Versicherung)
€20,000,000
The Fahrerschutz-Versicherung is a separate optional contract that pays the driver's own personal-injury damages as if from a liability insurer, up to 20 million EUR per claim, e.g. loss of earnings, home/vehicle adaptation costs and pain-and-suffering compensation (the latter requiring at least a 5-day hospital stay), regardless of the driver's own fault.
Passenger Accident Cover (Insassen-Unfallversicherung)
Optional
The Insassen-Unfallversicherung is a separate optional contract for occupants injured or killed while using the vehicle; benefits (invalidity lump sum per a fixed limb schedule, death benefit, hospital and convalescence daily allowances) follow the sums shown in the policy schedule. Under the lump-sum (Pauschal) system the sum increases by 50% and is divided among two or more occupants, and doubles if the accident occurs abroad where the occupant has no permanent residence.
Key conditions
Territorial scope
Liability cover applies within the geographical boundaries of Europe and the non-European territories belonging to the EU, at least to the extent of the German contract.
Green card rules
Where a Green Card has been issued, cover extends to the non-European countries printed on it that are not struck through, following the cover level required in that country.
Driver restrictions
The vehicle may only be used by a driver authorised by the person entitled to dispose of it, holding the required driving licence, and not under the influence of alcohol or other intoxicants that impair safe driving.
Claim notification deadline
Every claim event that could lead to a payment must be reported within one week; sachschäden expected not to exceed 500 EUR may be settled privately first and only need to be reported if self-settlement is unsuccessful.
Bonus-malus rules
Premiums follow a no-claims class (SF-Klasse) system ranging from SF 0 (91% of the base rate) down to SF 45 (15%), with a malus class M (108%); a claim leads to reclassification per fixed step-back tables, and an agreed Rabattschutz lapses once the contract falls below SF 10.
Where to buy
Policy specifics
Liability Coverage Limits
Motor third-party liability insurance covers damages caused to third parties with coverage limits up to 100 million EUR for lump-sum coverage and up to 15 million EUR per injured person
SourceForeign Vehicle Coverage
Insured persons have liability coverage when driving foreign vehicles in certain policy variants
SourceEuropean Coverage
Motor third-party liability insurance covers claims within European geographical boundaries as standard
SourceCarsharing Deductible Reimbursement
For Pkw outside the KfzPolice-classic tariff with above-minimum liability cover, R+V reimburses the deductible charged by a carsharing provider's own casco insurer, up to 500 EUR per claim.
SourceDamage to Policyholder's Own Other Vehicles (Eigen-Kollisionsschäden)
For Pkw outside the KfzPolice-classic tariff, liability cover can extend to damage the policyholder or a co-insured person causes to another of their own vehicles in public traffic space, up to 30,000 EUR per insurance year, subject to a 1,000 EUR deductible per claim.
SourceClaims Settlement for Liability
In case of valid liability claims, insurer pays compensation to injured third parties in cash; if claims are unfounded, insurer defends them at its own cost
SourceIntentional Damage Exclusion
No coverage for damages that the insured intentionally and unlawfully causes
SourceMotor Damage Subrogation
In case of motor damage claims where a third-party insurer is obligated to pay, the insured's claims transfer to the third-party liability insurer
Source