Claims settlement
A claim settlement or claim settlement describes the entire process after a loss through which the damages are paid to the injured person or institution. In principle, every case of damage can be settled between the parties concerned, the injuring party and the injured party. The financial risk of damage on the part of the injuring party is often covered by an insurance company with an insurance contract (policy; in Austria: policy). In some cases, the existence of such an insurance - usually liability insurance - is required by law. According to the Compulsory Insurance Act (PflVG) in Germany, there is an obligation to maintain liability insurance for a motor vehicle in road traffic, which covers property damage and personal injury caused by the motor vehicle. Driving a motor vehicle without appropriate insurance cover is a criminal offense.
If there is insurance that covers the risk of liability ( liability ), the insurer will take part in investigations upon request. This creates an insured event. Based on the terms of the contract, a sum of money up to the agreed coverage amount is paid to the injured party. The policyholder (VN) receives a benefit based on the contract, the damage report / notification and the evidence. The policyholder regularly has a duty to mitigate damage and to cooperate with the settlement . If the insurance does not consider the clauses to be fulfilled, this is exempt from payment, i. i.e., it does not regulate harm. A regulation prohibition sought by the policyholder , however, is ineffective.
Very often a deadline is set by when a claim must be reported. This includes on the one hand the administrative work (administration) and the special discussion of factual issues such as B. from the fields of medicine, technology or chemistry. This is where experts (external and internal) come into play. These prepare expert reports at the expense of the insurer, which may be sued again if the question of guilt and / or liability quota is questioned.
Motor vehicle liability risks
In Germany as in many other countries, claims settlement is a matter of motor vehicle liability insurance as soon as a motor vehicle is involved and this insurance is sought. This is due to the compulsory insurance of vehicle owners (vehicle liability insurance).
There are several ways in which a traffic accident can be handled through the motor vehicle liability insurance of the person who caused the accident. If the repair costs are not more than 30% above the replacement value, a repair cost basis can be used. If the repair costs are above this value limit, there is a definite total loss and only the difference between the replacement value and the residual value is to be reimbursed.
In addition to pure property damage, the insurance benefits can also include towing costs, legal fees, compensation for pain and suffering, treatment costs, protective clothing for motorcyclists, funeral costs, etc.
Individual evidence
- ^ PflVG - Law on compulsory insurance for vehicle owners. Retrieved March 30, 2017 .
