Easy third-party liability insurance for everyone: that’s what Haftpflicht Helden are aiming to offer.
Details about Haftpflicht Helden
Life in Germany isn’t all beer, skittles, and motorways without speed limits! No, due to the country’s legal system and social conventions, your average German has to have private liability insurance: under German law, you as a private individual are liable for the full costs of any damage you (or your children or pets) cause, so spending a couple of 100 Euros annually on a policy which will insure you against claims for damages into the millions is a smart thing to. The policies are called private Haftpflichtversicherungen and FinTech Haftpflicht Helden (Helden means “heroes”) are dedicated to making sure everyone gets the best one for them.
Consumers can register for €72 annually (i.e. 20 cent daily) and get the best personal third-party liability insurance cover within a matter of minutes with a low excess of only €150 per claim. The FinTech allows users to make their claims using the portal and regularly checks which policy is the best using expert assessments; if a better policy is found, users get the upgrade at no extra charge. As of November 2017, the service also covers dogs and even horses: we’ll be interested see which animals are next…