Insurance Law in Germany

Having sufficient insurance coverage today is a must for everybode considering the high risks arising from business or private activity. However, getting compensation is not always guaranteed since insurance companies are forced to cutting costs and being profitable. Insurance can be a minefield for the uninitiated. Whether it is a car claim, a household claim or a distressing life or health claim, too often customers find themselves in dispute with their insurance company over claims settlements.

Some pointers for our clients:

• Always provide full and accurate information to your insurance company when applying. If you don’t, your insurance may be invalid. And you won’t find out until it’s too late;
• Never lie to your insurance company when claiming. Too often people tell their insurance company what they want them to hear, and if you do, your entire claim may be declined. If you are concerned at any time about what you should say, get legal advice early. You are entitled to get advice and it’s better to do so sooner rather than later;
• Don’t be tempted to exaggerate your claim. Even one mis-described item can invalidate your entire claim. Most good policies provide adequate cover and you’d be surprised what you’re entitled to receive;
• Even if your insurance company tells you you’re not covered, that decision may be challengeable. There are many laws and rules that restrict the circumstances in which insurance companies can decline your claim, and most of these are not known to the general public.

Most important – don’t leave it until it’s too late to get advice. And if you think you are not being treated fairly, or your claim has been denied there are many avenues in which this can be challenged.

COELER LEGAL - insurance lawyers in Germany -  know both sides, the company´s and the insured. For more than 35 years now we have been acting for one of the leading legal assistance insurers in Europe and thus having settled several thousands claims of all kinds, personal injury, damage and labour claims, IP claims and contractual issues. On the other side, we have drafted terms and conditions for insurance companies. n construction projects or machine supply we draft and negotiate liability provisions and litigate for your compensation.

Our services

• checking your insurance coverage
• terms and conditions
• legal assistance and recovery
• accident and personal injury claims
• marine insurance and cargo claims
• product liability claims
• representation & negotiating with insurers, brokers and agents
• litigation/ arbitration

Current cases:

• damage claim against insurer consortium in The Netherlands ond behalf of supplier of gas turbine compressor
• liability claim against German engineering company for professional malpractice
• liability claims against doctors for professional negligence
• personal injury claims on behalf of english, dutch, american, german and french victims 
• marine insurance claim against German insurer consortium on behalf of turkish trading company
• professional malpractice claims against german tax advisor and lawyer

Contact:

Dr. Fank Schmitz