Student life brings new freedoms: new cities, new flats, new social contacts. It also brings new responsibility. As an adult, anyone who causes damage is personally and fully liable. Private liability insurance (Privathaftpflichtversicherung) for students gives exactly this protection, at a particularly low price.
Many students are still covered by their parents' family policy, but that does not always apply and not without limit. If you set up your own household or take up permanent employment (not just a mini-job or part-time job), you can drop out of the family policy. It is worth checking your own cover early.
Your own liability insurance for students is cheap and full cover at the same time: it covers personal injury, property damage and financial loss caused to others. That ranges from a drink knocked over onto a fellow student's laptop to a cycling accident with property damage. Rented property damage in the student flat, a common point of dispute when moving out, is usually covered too.
One real advantage: liability insurance taken out early keeps running smoothly when your studies end and working life begins. Often it is simply converted into a regular adult tariff.
We help students make the right start with their own protection: simple and affordable.
Liability insurance for students: benefits
Benefits in all tariffs: protection against personal injury, property damage and financial loss, rented property damage, vehicles that do not need insurance (bicycles, pedelecs), defence against unjustified claims in court, private and voluntary activities, favour damages, internet use, valid worldwide.
Sums insured: Basis 15 million, Smart 50 million, Komfort 75 million, Premium 100 million euros. Recommended minimum cover: 10 million euros.
Excess selectable: €0, €150, €300, €500 or €1,000.
Family insurance conditions at Allianz: age plays no role. Cover under the family policy ends only with your first job of your own (not mini-jobs) and when you move out of your parents' household.
Not insured: professional/commercial activities, damage to your own property, intentional damage.
Combination offers: contents + liability 5% discount, + legal expenses insurance 10%, Privatschutz package up to 20%.
Liability insurance for students: examples from everyday life
Property damage to a smartphone: student Max accidentally sweeps his flatmate's smartphone off a chest of drawers. The insurance pays for repair or replacement.
Personal injury in a cycling accident: Max overlooks cyclist Stefan, who falls and ends up paralysed. The insurance pays compensation for pain and suffering, repairs and lifelong care costs (7 million euros).
Financial loss: Max spills coffee on a self-employed woman's laptop. A client order is lost. The insurance pays for the property damage and the financial loss.
Property damage to a borrowed book: coffee on an expensive textbook. The insurance pays for a replacement.
