Rest insurance: vehicle protection in hibernation
A pension insurance exists for all existing motor vehicle liability insurance as well as for comprehensive insurance. Thus, the pension insurance may apply to all motor vehicles that are subject to the registration and insurance obligations in road traffic.
Rest insurance is particularly often used for seasonal vehicles, for example for convertibles, motorcycles or RVs. Of course, it can also be used for every normal car if it has been shut down (temporarily or permanently).
The special feature of the pension insurance is that it automatically connects to the existing car insurance and can be used free of charge. As with all insurances, there are also certain rules and deadlines to be observed in the case of pensions.
Non-contributory and contributory pension insurance
There are generally two types of motor insurances: Firstly, the non-contributory variant , which automatically connects to a pre-existing car insurance. On the other hand, there is the possibility to conclude a contributory pension insurance. This is suitable, for example, if the vehicle was acquired without prior approval and should not be used immediately, as is the case with typical seasonal vehicles.
Such insurance always makes sense if insurance coverage is desired during the lifetime in order to bridge the time to the next authorization.
Contribution amount depends on regular insurance contributions
If contributions are made, their amount is usually based on the contributions that would be made for the regular liability or comprehensive insurance. In individual cases, however, what the insurer sets out in its conditions and tariffs always applies.
Differences in benefits for normal car insurance
The scope of insurance of a retirement insurance depends on the type of motor insurance that existed before the retirement. If you have only taken out a motor vehicle liability insurance for your vehicle, the rest insurance applies only to this area.
If a partial or full insurance was part of the contract, the insurance cover also extends to these components during the rest period. It should be noted that the insurance coverage is severely limited in some areas. This results from the nature of a decommissioning that precludes certain risks from the outset. Thus, a legal participation in the traffic with a disused vehicle is not possible, which is why certain damages are not covered by the insurance.
In particular, this is the case with the comprehensive insurance, as in principle only partial coverage is granted, even if previously a comprehensive insurance has existed (which in turn always includes the partial coverage). This means that not necessarily all damages are taken over in the full extent that are included in the normal service catalog of motor insurance.
Why then a rest insurance?
You may wonder what then a dormant motor insurance liability is good, if the participation in the road is no longer possible. Of course, there is the possibility that the vehicle is stolen and moved without authorization in the public traffic area. If damage is caused then the pension insurance will be taken out in accordance with their conditions.
In a Teilkasko this would then apply, for example, for a hit disc that the thief has smashed to get into the vehicle. In addition, even a decommissioned vehicle can run out of operating hazards, for example, if a fire breaks out at this and thereby cause damage to a third party (such as the owner of the garage).
Conditions for a pension
A non-contributory insurance during the rest period does not usually have to be requested separately, but will continue automatically after the decommissioning. However, it only comes into force if the decommissioning takes at least 14 days. In addition, the insurance cover is a maximum of 18 months. Some insurance companies limit the duration to 12 months, the exact duration you can refer to your contract.
Keep in mind, however, that after the maximum insurance period has expired, the protection automatically goes out. It is therefore not necessary for you to pronounce a separate termination, but conversely, you must remember that the insurance cover will eventually be withdrawn without further notice from the insurance company. Caravan trailers are generally excluded from the pension insurance.
A basic condition for this type of insurance is that the vehicle is actually decommissioned and not in use. Here, however, also apply some exceptions: So a trip to the workshop for a TÜV or emission inspection is quite permissible. The same applies to the journey to the registration office. In both cases, the insurance cover does not suffer if the vehicle is moved accordingly. Nevertheless, it is important to follow the rules exactly.
If the policyholder deviates from the requirements of the insurance company, in addition to a refusal to regulate damages, this may also result in severe contractual penalties.
Safe parking space is often required
As a rule, a secure parking space on a fenced area or a garage is absolutely necessary in order to be able to take out the rest insurance. The vehicle may not be used during the decommissioning period! Trips to the TÜV or the registration office are still possible.
The parking space is another important prerequisite for the use of an insurance service during the decommissioning. Just about all insurance companies require the vehicle to be parked properly. This means that a garage or at least a “fenced space” must be available for parking. Enclosed fenced or hedged parking spaces on private land are considered as fenced.
Parking the vehicle in the public traffic area is in no case permitted and would endanger the insurance coverage. The re-parking from one location to another is usually not provided; For this you would have to get a short-term license plate or a so-called “red dealer number”.
Basic conditions for the pension insurance
- Minimum period of decommissioning: 14 days.
- Insurance coverage ends (depending on the contract) automatically for 12 to 18 months after closure.
- The vehicle usually has to be parked in a garage or on a fenced area.
- The vehicle may not be used (apart from the permitted exceptions such as driving to TÜV).
- Insurance automatically adjusts to existing contracts at vehicle standstill free of charge.
- If there was no insurance, usually a contributory pension insurance is possible.
There is also another special regulation for vehicles with seasonal registration: Since the operating time is already limited by the respective admission periods, no separate deregistration is required for the use of the regular retirement insurance for the seasonal vehicle. The insurance is automatically valid during off-season periods.
When is a contributory pension insurance worthwhile?
The insurance for rest periods only applies automatically if the vehicle was immediately approved (and thus insured). However, if you buy a convertible for the spring in the winter and do not want to allow it right away, it may well be worthwhile to take out a contributory retirement insurance to protect yourself against risks during the period of service until the car is re-registered.
These contributory variants generally have the same or similar conditions as the non-contributory insurance. However, depending on the provider, there may also be special conditions that must be observed when concluding the contract. Also pay attention to the duration of the insurance – the protection should automatically go out if possible, when the vehicle is later re-registered. So you do not have to worry about the cancellation.
The terms of the contract may also be different with regard to the type of vehicle: For example, a garage may be mandatory for a motorcycle, whereas a caravan or motorhome may require a fenced parking space. Whether this is the case for the contributory variant, however, depends on the respective insurance conditions.
Automatic retirement insurance after retirement
The periodic pension insurance comes into force automatically and free of charge after the vehicle has been decommissioned, provided the decommissioning takes at least 14 days. Caravan trailers are excluded from the insurance cover of the pension insurance. If you wish to take out a pension insurance without having previously obtained an authorization, it is possible to conclude a corresponding contributory policy.
The termination: Hardly any bureaucracy required
In principle, the non-contributory transition to the pension insurance is automatically possible because it comes into force automatically after the vehicle has been decommissioned. Likewise automatically the end of the insurance occurs. It ends either with the expiration of the maximum insurance period (usually 18 months) or with the re-registration of the vehicle. Normally, no separate notice or application to the insurance company is necessary. This also applies if you switch to another provider after decommissioning.