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Württembergische PremiumSchutz: the policy wording in full
In der Produktlinie PremiumSchutz leistet die Vollkaskoversicherung bei Leasing und Kreditfinanzierung die Differenz zwischen Ablösewert oder Restforderung und Wiederbeschaffungswert.
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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 Württembergische PremiumSchutz.
Basics and eligible contracts
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Form of cover (module of the comprehensive policy or stand-alone contract) | yes | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| GAP cover included in the comprehensive policy at no extra premium | yes | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Fully comprehensive cover is a precondition | yes | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Partial cover is sufficient (theft, fire, natural hazards) | no | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Comprehensive policy must be held with the same insurer or intermediary | not addressed | ||
| Leased vehicles covered | yes | „Bei vorzeitiger, schadenbedingter Aufhebung des Leasingvertrages für das versicherte …“ | Teil A.2, Ziffer 1.6.1 (3) a., page 15 |
| Loan financed vehicles covered | yes | „Bei vorzeitiger, schadenbedingter Beendigung des Finanzierungsvertrages mit einem …“ | Teil A.2, Ziffer 1.6.1 (3) b., page 15 |
| Financing with balloon payment covered | not addressed | ||
| Cash purchase insurable (purchase price protection without financing) | not addressed | ||
| Eligible vehicle types (cars, motorcycles, motorhomes, vans) | not addressed | ||
| 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 | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Constructive total loss (repair costs above replacement value or a fixed percentage) | not addressed | ||
| Theft or loss of the whole vehicle | yes | „In der Vollkaskoversicherung erbringen wir nach einem Totalschaden oder einer …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Waiting period after theft before payment | not addressed | ||
| Benefit only if the comprehensive insurer settles the claim | not addressed | ||
| Benefit also when a third party liability insurer pays the total loss | not addressed | ||
| Benefit for repairable damage (no total loss) | not addressed |
Benefit and calculation
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Basis for leasing: settlement value under the lease contract | yes | „Bei vorzeitiger, schadenbedingter Aufhebung des Leasingvertrages für das versicherte …“ | Teil A.2, Ziffer 1.6.1 (3) a., page 15 |
| Basis for loans: outstanding balance on the date of loss | yes | „Bei vorzeitiger, schadenbedingter Beendigung des Finanzierungsvertrages mit einem …“ | Teil A.2, Ziffer 1.6.1 (3) b., page 15 |
| Payment of the difference to replacement value or to the comprehensive settlement | yes, up to the sum insured | „Bei vorzeitiger, schadenbedingter Aufhebung des Leasingvertrages für das versicherte …“ | Teil A.2, Ziffer 1.6.1 (3) a., page 15 |
| 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 | yes, up to the sum insured | „Wenn ein Schadenereignis der Teilkaskoversicherung gegeben ist und lediglich die …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Salvage value is deducted | not addressed | ||
| Initial lease payment or deposit is taken into account | not addressed | ||
| Extra benefit for replacement (registration, delivery, allowance) | no | „Nicht versichert sind Erhöhungen der Forderungen des Leasing- oder Kreditgebers …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| 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 | „Nicht versichert sind Erhöhungen der Forderungen des Leasing- oder Kreditgebers …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Excess mileage and wear charges not covered | yes | „Nicht versichert sind Erhöhungen der Forderungen des Leasing- oder Kreditgebers …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| 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 | „Nicht versichert sind Erhöhungen der Forderungen des Leasing- oder Kreditgebers …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| Reductions of the comprehensive settlement not made up | not addressed | ||
| Limited to customary lease or loan terms | yes | „Reguliert wird eine GAP-Deckung auf der Grundlage eines Leasing- bzw. eines …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| 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 | yes | „Soweit im Schadenfall ein Dritter, der Leasinggeber oder der Kreditgeber Ihnen …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
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) | yes | „Leistungsvoraussetzung ist, dass Sie uns den Leasing- oder Finanzierungsvertrag …“ | Teil A.2, Ziffer 1.6.1 (3), page 15 |
| 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.
Despite care, a value may be misread;
legally only the wording of your own contract in the edition stated there applies.
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Policy wordings and provider
- Legal entity
- Württembergische Versicherung Aktiengesellschaft
- Distribution
- brokers and direct
- Allgemeine Bedingungen für die Kfz-Versicherung von Pkw (AKB) Edition: AKB für Pkw, gültig ab 01.06.2025 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 Württembergische PremiumSchutz and available as plain text.
Volltext Württembergische PremiumSchutz GAP-Versicherung · As text (Markdown) Württembergische PremiumSchutz GAP insurance