This Blog will provide periodic information on the insurance business, with a focus on specialty lines insurance and professional liability. With our interest in entrepreneurship, the blog will also include information on building insurance businesses.
Since 1939 it is compulsory to have third party personal insurance before keeping a motor vehicle in all federal states of Germany. Besides, every vehicle owner is free to take out a comprehensive insurance policy. All types of car insurances are provided by several private insurers. The amount of insurance contribution is determined by several criteria, like the region, the type of car or the personal way of driving.
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