Sparkassen-Versicherung Sachsen (comprising Sparkassen-Versicherung Sachsen Allgemeine Versicherung AG and Sparkassen-Versicherung Sachsen Lebensversicherung AG, under S.V. Holding AG)
Sparkassen-Versicherung Sachsen
Sparkassen-Versicherung Sachsen is a motor third-party liability insurance for the Germany market with online purchase and 24/7 assistance.
Direct payment
The insurer settles justified liability claims directly with the injured third party in money, rather than reimbursing the policyholder, and defends unjustified or excessive claims at its own cost.
Geographic scope
Nationwide in Germany (Saxony-based insurer, sold through Sparkasse network across Germany)
Coverage applies in Germany and abroad; the included Mallorca cover protects rented vehicles in European countries up to the sum insured agreed in Germany, even where local compulsory limits are lower.
Unique selling points
- Flat 100 million EUR liability sum insured per claim, far above the statutory minimum, with bodily injury covered up to 15 million EUR per injured person.
- Integrated Werkstatt-Management automatically arranges a certified partner workshop, picks up the vehicle, and returns it repaired and cleaned.
- 24/7 Soforthilfe claims hotline available every day of the year for policyholders.
- Policyholders get a 20% discount on driver-safety training courses at the Sachsenring safety centre.
- Included Mallorca cover protects rental-car accidents abroad up to the German sum insured even where local compulsory limits are lower.
Coverage limits
Bodily injury liability
€15,000,000
Within the overall 100 million EUR flat sum insured, bodily injury claims are covered up to 15 million EUR per injured person.
Property and financial-loss liability
€100,000,000
The Sparkassen-Autoversicherung Direkt provides a flat combined sum insured of 100 million EUR per claim for property, financial-loss and bodily injury damage.
Passive legal defence
Covered
The insurer examines liability, defends unjustified or excessive claims, and covers court representation and costs where liability must be decided by a court, within the agreed sum insured.
Green Card / International Motor Insurance Card
Covered
The Green Card (International Insurance Card, IVK) is provided as written proof of insurance cover; while no longer mandatory within the EU, it remains useful for claims handling in some countries such as Italy.
Roadside assistance / breakdown cover
No limit stated
Not confirmed for the fixed Sparkassen-Autoversicherung Direkt package in the available sources; an Autoschutzbrief exists as an optional add-on for the individually-advised product.
Driver accident cover
Excluded
Motor liability insurance covers passengers' claims against the driver but explicitly not the driver's own injury claims; a separate Fahrerschutz policy is recommended for that purpose.
Passenger accident cover (fixed-sum)
Excluded
There is no separate fixed-sum passenger accident benefit within MTPL; passengers' injury claims against the driver are handled under the bodily injury liability cover instead.
Key conditions
Territorial scope
The policy applies in Germany; the included Mallorca cover extends protection to rented vehicles across European countries up to the German sum insured, even where the visited country's compulsory minimum is lower.
Green card rules
The Green Card (International Insurance Card) serves as proof of cover abroad; it can be requested online or from the insurer and remains useful in certain countries even though it is no longer mandatory within the EU.
Driver restrictions
Only drivers who, per the German driving licence rules for their age, are entitled to hold the required licence class may use the insured vehicle; the driver's own injury claims are not covered under MTPL and require separate Fahrerschutz cover.
Claim notification deadline
Policyholders must notify the insurer of a loss event without undue delay, as required under the General Terms and Conditions for Motor Insurance (AKB) and German insurance contract law (VVG).
Bonus-malus rules
The premium depends on the number of proven claims-free insurance years (Schadenfreiheitsrabatt); claims-history statements issued in the EEA are recognised on the same basis as domestic ones if they follow the EU Commission's standard template, and an optional Rabattretter protects the no-claims class after a first claim in a year.
Where to buy
Documents
General Terms and Conditions for Motor Insurance (AKB 2015), Edition May 2024
Terms & conditions
Contract Basis for Motor Insurance (630Jv), Edition January 2025
Terms & conditions
Contract Basis for Motor Insurance (630Jv), Edition May 2025
Terms & conditions
Contract Basis for Motor Insurance (630Jv), Edition September 2025
Terms & conditions
Policy specifics
Liability coverage limits
Statutory minimum liability limits for Motor Third-Party Liability Insurance coverage of third-party damage to persons and property
SourceSource no longer reachableGeographical coverage area
Insurance protection in European Union countries and designated territories outside Europe
SourceSource no longer reachableLegal liability for third-party damage
Covers legal liability for bodily injury and property damage caused to third parties by operation of the vehicle
SourceClaims settlement procedure
Insurer settles claims directly with third-party claimants rather than reimbursing policyholder for paid amounts
SourceSource no longer reachableVehicle use and modification obligations
Policyholder must notify insurer of changes to vehicle use, performance upgrades, or chassis modifications
SourceSource no longer reachableStandard coverage exclusions
Intentional damage, racing participation, and cargo damage are excluded from standard coverage
SourceSource no longer reachableSources
- https://www.sv-sachsen.de/content/versicherungen/mobilitaets-schutz/autoversicherung/
- https://www.sv-sachsen.de/regionen/sparkassen-autoversicherung-direkt/sachsen/Source no longer reachable
- https://www.sv-sachsen.de/regionen/sparkassen-autoversicherung-direkt/wurzen-leipzig-sachsen/Source no longer reachable
- https://www.sv-sachsen.de/versicherungen/auto-und-roller/kfz-versicherung.html