Business liability insurance To compare

An AVB is not legally required. However, more and more clients and customers require that you have an AVB before you can get started. Industry organizations can also set this as a membership requirement. Without AVB you can miss out on orders.

Business liability insurance (AVB) covers personal injury and property damage to third parties. Professional liability insurance (BAV) covers financial loss due to professional errors, such as incorrect advice or a design error. For many entrepreneurs, both insurance policies are necessary.

The premium depends on your turnover, industry, number of employees and chosen coverage. Self-employed people often pay €10-€35 per month, SMEs €50-€200 per month. The insured amount is usually €2.5 million per claim.

Yes, employers' liability is included as standard with most AVBs. This covers damage to employees due to industrial accidents or occupational diseases (such as RSI). Work-related traffic accidents on foot or by bicycle are also usually covered.

The supervision risk is damage to property belonging to others that you have under your care: borrowed tools, rented machines, property of customers you are working on. This is often excluded but can be insured, usually up to €50,000.

No, your private liability insurance (AVP) does not cover damage that occurs during your work as an entrepreneur. You need separate business liability insurance for business activities.

Yes, in addition to permanent employees, temporary workers, interns, volunteers and cooperating family members are usually also insured. Damage they cause and damage to them is covered.

Standard is €2.5 million per claim and €5 million per year. Higher limits of up to €10 million are possible for larger companies or international assignments. When making quotes, pay attention to the difference between per claim and per year.