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GEV Max 2021: the policy wording in full
Haus- und Grundbesitzerhaftpflicht HomeCare Max (AVB Private HuG 2021) für die gesetzliche Haftpflicht als Eigentümer samt Gewässerschäden; eigene Regeln zum Leerstand enthält das Werk nicht.
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Everything about this policy
What the policy covers: 59 points, each with its clause
Quotes are shortened.
The full German wording of each point is on the German page for GEV Max 2021.
Basics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Insured value of the building (indexed new value, new value, current value or market value) | not addressed | ||
| Vacant building expressly insurable (own policy or vacancy clause) | not addressed | ||
| From when the building counts as vacant or unoccupied (number of days or months) | not addressed | ||
| Maximum covered vacancy period | not addressed | ||
| Reasons expressly named (inheritance, sale, renovation, care home, change of tenant) | not addressed | ||
| Partial vacancy (individual flats or parts of the building) addressed | not addressed | ||
| Vacancy during conversion or renovation covered | not addressed | ||
| Uninhabitable or dilapidated buildings excluded | not addressed |
Perils covered while vacant
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Fire (fire, lightning, explosion, implosion) while vacant | not addressed | ||
| Arson by third parties while vacant | not addressed | ||
| Escape of water while vacant | not addressed | ||
| Frost damage to pipes and heating while vacant | not addressed | ||
| Storm and hail while vacant | not addressed | ||
| Other natural hazards while vacant | not addressed | ||
| Vandalism and malicious damage while vacant | not addressed | ||
| Burglary damage to the building (doors, windows, locks) while vacant | not addressed | ||
| Theft of fixed building parts (copper, boiler, fittings) | not addressed | ||
| Glass breakage while vacant | not addressed | ||
| Squatting, damage by unauthorised occupants and eviction costs | not addressed |
Restrictions and reductions
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Cover excluded or suspended during vacancy | not addressed | ||
| Only limited perils while vacant (for example only fire, storm, hail) | not addressed | ||
| Indemnity limit or reduction while vacant | not addressed | ||
| Special deductible while vacant | not addressed | ||
| Premium surcharge or adjustment for vacancy addressed | not addressed | ||
| Waiver of reduction for gross negligence | not addressed | ||
| Contents, valuables or cash excluded in the unoccupied building | not addressed |
Owner's obligations
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Vacancy must be notified (increase in risk), deadline | not addressed | ||
| Regular inspections required (interval in days or weeks) | not addressed | ||
| Proof or log of inspections required | not addressed | ||
| Shut off and drain water pipes | not addressed | ||
| Heat during the cold season or drain the heating system | not addressed | ||
| Keep the building locked and secured (doors, windows, access) | not addressed | ||
| Remove combustible waste and objects | not addressed | ||
| Switch off electricity or gas (except for heating and alarm) | not addressed | ||
| Duty of care (snow clearing, gritting, trees, roof) still to be met | not addressed | ||
| Consequences of a breach of obligations (reduction by fault, causality) | not addressed |
Costs and additional benefits
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Clearance and demolition costs | not addressed | ||
| Costs of emergency securing (boarding, temporary glazing, guarding) | not addressed | ||
| Leak detection and excavation costs | not addressed | ||
| Extra costs for lost water and frost protection | not addressed | ||
| Loss of rent or use after a loss | not addressed | ||
| Graffiti on external walls | not addressed | ||
| Damage by animals or pests (martens, rodents) | not addressed | ||
| Cover until transfer of ownership on sale, transfer to the buyer | not addressed |
Owner's liability
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Liability as property owner for the vacant building included | yes, up to the sum insured | „als Haus- und Grundbesitzer obliegen (z. B. bauliche Instandhaltung, Beleuchtung …“ | A1-6.1 (1), page 5 |
| Sum insured of owner's liability | yes, up to the sum insured | „Die Entschädigungsleistung des Versicherers ist bei jedem Versicherungsfall auf die …“ | A1-5.1, page 3 |
| Liability limited in time or excluded during vacancy | not addressed | ||
| Water pollution and sewage damage (oil tank, sewage) in the liability part | yes, up to the sum insured | „nachteiligen Veränderung der Wasserbeschaffenheit eines Gewässers einschließlich des …“ | A2-1.1.1, page 10 |
| Defence against unjustified claims and legal costs | yes, up to the sum insured | „die Abwehr unberechtigter Schadenersatzansprüche“ | A1-4.1, page 4 |
Contract
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| General deductible | not addressed | ||
| Minimum term | not addressed | ||
| Short term policy or monthly cancellation for the vacancy period | not addressed | ||
| Return to the normal policy on reoccupation | not addressed | ||
| Insurer's right to cancel because of vacancy | not addressed | ||
| Waiver of underinsurance | not addressed | ||
| Transfer of the policy to heirs or a new owner | not addressed |
Spain specifics
| Point | Rule | Wording (German) | Clause |
|---|---|---|---|
| Extraordinary risks via the Consorcio de Compensación de Seguros | not addressed | ||
| Distinction between main residence, second home and vacant home | not addressed | ||
| Threshold in days after which the home counts as deshabitada (consecutive or in total) | 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
- GRUNDEIGENTÜMER-VERSICHERUNG Versicherungsverein auf Gegenseitigkeit, Covomo / Hiscox / Grundeigentümer-Konzepte
- Distribution
- brokers and direct
- AVB Haus- und Grundbesitzerhaftpflicht Max 2021 Edition: AVB Private HuG 2021 Max 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 GEV Max 2021 and available as plain text.
Volltext GEV Max 2021 Leerstandsversicherung · As text (Markdown) GEV Max 2021 Vacant property cover