Car Insurance: Germany vs. Austria
The differences in car insurance between Germany and Austria are crucial for drivers. The legal requirements, types of insurance, and options for switching providers can vary significantly. Therefore, drivers should be well-informed to make the best decisions for their individual needs.
Comparison at a Glance
| Criterion | 🇩🇪 Germany | 🇦🇹 Austria |
|---|---|---|
| Mandatory Insurance | Liability insurance is mandatory (§ 1 PflVG) | Liability insurance is mandatory (§ 1 KFG) |
| Special Termination Right | After a claim (§ 8 VVG) | After a claim (§ 5a Kfz-Versicherungsverordnung) |
| Bonus-Malus System | Yes, up to 30% discount possible | Yes, up to 50% discount possible |
| Switching Provider | Annually with a 1-month notice period (§ 8 VVG) | Annually with a 1-month notice period (§ 5 KFG) |
| Premium Refund | Yes, for claim-free periods | Yes, for claim-free periods |
Key Differences
In Germany, liability insurance is the only mandatory insurance, while in Austria, partial and fully comprehensive insurances are also popular. The bonus-malus system in both countries rewards accident-free driving, but there are differences in the amount of discounts.
Another important point is the special termination right, which applies in both countries after a claim, but may have different deadlines and conditions. It is advisable to check the exact terms of the respective insurance policies.
Relevant templates on DokBrief:
- Special Termination Car Insurance — for an easy provider switch