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HUK24 Classic: the policy wording in full
Im Classic-Tarif ist die GAP-Deckung in der Kasko mitversichert und zahlt bei Totalschaden, Zerstörung oder Verlust geleaster oder finanzierter Fahrzeuge die Differenz zum offenen, abgezinsten Saldo.
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Everything about this policy
What the policy covers: 70 points, each with its clause
Quotes are shortened.
The full German wording of each point is on the German page for HUK24 Classic.
Basics and eligible contracts
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Form of cover (module of the comprehensive policy or stand-alone contract) | yes | „In der Kasko ist mitversichert: GAP-Deckung (= Differenzkasko)“ | Einleitung der AKB, page 8 |
| GAP cover included in the comprehensive policy at no extra premium | yes | „In der Kasko ist mitversichert: GAP-Deckung (= Differenzkasko)“ | Einleitung der AKB, page 8 |
| Fully comprehensive cover is a precondition | not addressed | ||
| Partial cover is sufficient (theft, fire, natural hazards) | not addressed | ||
| Comprehensive policy must be held with the same insurer or intermediary | yes | „In der Kasko ist mitversichert: GAP-Deckung (= Differenzkasko)“ | Einleitung der AKB, page 8 |
| Leased vehicles covered | yes | „Die GAP-Deckung gilt für geleaste oder finanzierte Pkw, Krafträder/-roller …“ | A.2.6.1, page 14 |
| Loan financed vehicles covered | yes | „Die GAP-Deckung gilt für geleaste oder finanzierte Pkw, Krafträder/-roller …“ | A.2.6.1, page 14 |
| Financing with balloon payment covered | not addressed | ||
| Cash purchase insurable (purchase price protection without financing) | not addressed | ||
| Eligible vehicle types (cars, motorcycles, motorhomes, vans) | yes | „Die GAP-Deckung gilt für geleaste oder finanzierte Pkw, Krafträder/-roller …“ | A.2.6.1, page 14 |
| Used vehicles insurable | not addressed | ||
| Maximum vehicle age at inception | not addressed | ||
| Maximum insurable purchase price or vehicle value | not addressed | ||
| Leased or rented traction battery included | not addressed |
Insured event
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Total loss (destruction) as insured event | yes | „Hatte Ihr geleastes oder finanziertes Fahrzeug einen Totalschaden, oder wurde es …“ | A.2.6.1, page 14 |
| Constructive total loss (repair costs above replacement value or a fixed percentage) | yes | „Ein Totalschaden liegt vor, wenn die erforderlichen Kosten der Reparatur des Fahrzeugs …“ | A.2.6.1, page 14 |
| Theft or loss of the whole vehicle | yes | „Hatte Ihr geleastes oder finanziertes Fahrzeug einen Totalschaden, oder wurde es …“ | A.2.6.1, page 14 |
| Waiting period after theft before payment | not addressed | ||
| Benefit only if the comprehensive insurer settles the claim | none | „Nehmen Sie ausschließlich Leistungen aus der GAP-Deckung in Anspruch?“ | A.2.6.1, page 14 |
| Benefit also when a third party liability insurer pays the total loss | yes | „Beispielsweise, weil es einen Unfallgegner gibt, dessen Haftpflichtversicherer Ihren …“ | A.2.6.1, page 14 |
| Benefit for repairable damage (no total loss) | no | „Bei Totalschaden, Zerstörung oder Verlust Ihres geleasten oder finanzierten Fahrzeugs …“ | A.2.6.1, page 14 |
Benefit and calculation
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Basis for leasing: settlement value under the lease contract | yes | „Wir zahlen auch die etwaige Differenz zwischen der vereinbarten Höchstentschädigung und …“ | A.2.6.1, page 14 |
| Basis for loans: outstanding balance on the date of loss | yes | „Wir zahlen auch die etwaige Differenz zwischen der vereinbarten Höchstentschädigung und …“ | A.2.6.1, page 14 |
| Payment of the difference to replacement value or to the comprehensive settlement | yes, up to the sum insured | „Wir zahlen auch die etwaige Differenz zwischen der vereinbarten Höchstentschädigung und …“ | A.2.6.1, page 14 |
| Payment of the difference to purchase or list price (return to invoice, new for old) | not addressed | ||
| Duration of purchase price or new value indemnity | not addressed | ||
| Maximum benefit of the GAP cover | not addressed | ||
| Cap at a percentage of replacement value, purchase price or list price | not addressed | ||
| VAT is reimbursed | not addressed | ||
| Deductible of the comprehensive policy is reimbursed | not addressed | ||
| Separate deductible within the GAP cover | not addressed | ||
| Salvage value is deducted | not addressed | ||
| Initial lease payment or deposit is taken into account | not addressed | ||
| Extra benefit for replacement (registration, delivery, allowance) | not addressed | ||
| Payment made directly to lessor or lender | not addressed |
What reduces the benefit
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Arrears and default interest not covered | yes | „Wir leisten jedoch nicht für: rückständige Raten“ | A.2.6.1, page 14 |
| Excess mileage and wear charges not covered | yes | „Wir leisten jedoch nicht für: ... eine Überschreitung der vereinbarten Fahrleistung.“ | A.2.6.1, page 14 |
| Early termination and administration fees not covered | not addressed | ||
| Financed extras (insurance premiums, warranty, servicing) not covered | not addressed | ||
| Deduction for unrepaired previous damage | yes | „Wir leisten jedoch nicht für: ... unreparierte Vorschäden“ | A.2.6.1, page 14 |
| Reductions of the comprehensive settlement not made up | not addressed | ||
| Limited to customary lease or loan terms | not addressed | ||
| Reduction if the comprehensive policy does not pay full replacement value | not addressed |
Exclusions
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Waiver of the gross negligence defence | not addressed | ||
| Intent excluded | not addressed | ||
| Driving under the influence excluded | not addressed | ||
| Unlicensed or unauthorised driver excluded | not addressed | ||
| Racing and track driving excluded | not addressed | ||
| Taxi, hire car, driving school and rental use excluded | not addressed | ||
| Embezzlement and fraud excluded | not addressed | ||
| War, civil unrest and nuclear energy excluded | not addressed | ||
| Subsidiary to other insurance | not addressed |
Duties after a loss
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Deadline for notifying a claim | not addressed | ||
| Documents to submit (lease or loan contract, settlement statement, casco settlement) | not addressed | ||
| Police report required after theft | not addressed | ||
| Insurer's consent before disposal or sale of the wreck | not addressed | ||
| Payment period after assessment | not addressed |
Term and contract
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Term linked to the lease or loan contract | not addressed | ||
| Maximum term of the GAP cover | not addressed | ||
| Ends on redemption, end of contract or transfer of ownership | not addressed | ||
| Premium refund on early termination (single premium) | not addressed | ||
| Premium payment (single, financed, ongoing with the casco premium) | not addressed | ||
| Ordinary cancellation of the module or contract | not addressed | ||
| Vehicle change or transfer to a successor vehicle | not addressed | ||
| GAP cover continues after a change of comprehensive insurer | not addressed | ||
| Territorial scope (Europe, green card countries) | not addressed |
Spain specifics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Indemnity at new value (valor a nuevo): years from first registration | not addressed | ||
| Enhanced market value after the new value period (valor venal mejorado) | not addressed | ||
| New value only for the first owner | not addressed | ||
| Clause in favour of the lender (loss payee, retention of title) | not addressed |
Evaluated by NAMMERT from published policy wordings.
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legally only the wording of your own contract in the edition stated there applies.
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Policy wordings and provider
- Legal entity
- HUK24 AG
- Distribution
- direct from the insurer only
- Allgemeine Bedingungen für die Kfz-Versicherung (AKB) mit Kundeninformation Edition: Stand 01.01.2027 (HUK6127P) Original from the insurer (PDF, German)
Full text of the wording
The full text exists only in German.
It is printed on the German page for HUK24 Classic and available as plain text.
Volltext HUK24 Classic GAP-Versicherung · As text (Markdown) HUK24 Classic GAP insurance