Passenger Injury Insurance: What Exactly Does It Cover?

One advantage of passenger injury insurance is that it also provides coverage in the event of an accident where no one is at fault, such as a collision with an animal. In such cases, of course, there is no third-party liability coverage from the other party, which means you would normally have to cover the costs yourself. With passenger injury insurance, you always receive immediate compensation for the damages, because it doesn’t matter who is responsible for the accident. This allows you to eliminate as much risk as possible.

What does passenger injury insurance cover?

Passenger liability insurance covers damages sustained by the driver and passengers of a motor vehicle involved in an accident. These damages may include property damage (clothing, luggage, etc.), loss of income, household help, transportation costs, medical expenses, compensation for pain and suffering, and funeral expenses. The maximum insured amount per incident for all insured persons combined is usually approximately 1 million euros. If you would like a fixed amount in the event of death or disability, you can also take out passenger accident insurance in addition to this policy.

Is the payment independent of the question of liability?

With passenger injury insurance, it doesn’t matter who is at fault for the accident. If one of the passengers suffers an injury as a result of an accident and that injury cannot be covered by any other insurance policy, the passenger can file a claim for that injury under the passenger injury insurance. This is particularly advisable when the other party cannot be identified. If you have not purchased this coverage and the other party is unknown, you will not receive any payment if the other party is at fault.

If the driver is at fault for the accident, the passengers still have the option of holding the vehicle’s liability insurance liable and seeking compensation for any damages from it. However, if it is unclear who is at fault, this can be a lengthy process—one that can be avoided by purchasing passenger injury insurance.

Explanation of Passenger Injury Insurance (SVI) Coverage

As a driver, you may be involved in an accident. The passengers in the car may also be injured or even killed.

Passenger liability insurance then covers the damages suffered by the occupants (passengers and driver) of the car. If you want to be 100 percent sure that the occupants of your car will be compensated for their damages under all circumstances, you should choose this type of insurance.

With this insurance, you settle claims directly with your own insurer. This means you are not dependent on another party’s liability insurer.

Coverage:

The coverage is supplementary, meaning it applies only if the loss is not covered by another insurance policy.

• Property damage:
  If items are broken, this constitutes property damage, and settling this type of claim usually requires little effort.
• Personal Injury
  If there are fatalities or injuries, there is personal injury. In such cases, it is very important that the claim be handled with care;
  These can be sensitive situations.
  The claims process and compensation may also take longer.
  You can usually only properly assess the extent of a victim’s injuries once the victim has (virtually) recovered.
  The process of handling personal injury claims is often more complex and sensitive than that for property damage. That is why rules have been established for this.
  Insurers adhere to this code of conduct when handling personal injury claims.
• In and Around the Car
  Insurance coverage applies when passengers are inside the car, as well as when getting in and out of the car, or, for example, while performing an emergency repair on the road. The policy terms and conditions specify exactly what is covered.
• It does not matter whether the driver or the other passengers are liable for causing the damage.
• Consequential Damages
  - damage to clothing and luggage; – medical expenses; – loss of income due to the injury; – any temporary help with household chores
  – compensation for pain and suffering is often included in the policy as well

Not covered:

• Damage to the vehicle itself;
• If the driver does not have a valid driver's license;
• If the driver was under the influence of (too much) alcohol or drugs;
• If the participant took part in a race or other speed event;
• If a private car was used as a taxi

The insurance will never pay out more than the maximum amount specified in the policy to multiple passengers combined. This maximum amount is stated in the policy. It is usually €1,000,000.00.

If there are more passengers in the vehicle than are insured, the underinsurance rule applies: the number of insured seats divided by the number of passengers, multiplied by the amount of the claim.

What is the difference between passenger accident insurance and passenger liability insurance?

In addition to passenger liability insurance, you can also purchase passenger accident insurance. Although these two types of insurance may seem similar, they are in fact different and can be purchased to complement each other. You can decide for yourself which supplemental insurance policies might be useful for you.

Passenger property damage insurance is more expensive than passenger accident insurance, but offers more comprehensive coverage. The maximum payout in the event of a claim is significantly higher than with passenger accident insurance. In addition, passenger property damage insurance provides compensation not only for personal injury but also for damage to luggage and clothing.

Take a closer look here at the differences betweenpassenger liability insurance and passenger accident insurance.