Germany Business Insurance: Essential Coverage Explained
Published by Corpy
https://corpy.xyz/germany/banking/germany-business-insurance-requirements
Corpy business-formation guide, fact-checked and corrected.
Who created and checked this page
Correction
Correction history
Every accepted correction to this page is recorded with the exact change, so readers can see how the page improved over time.
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Before
Versicherungsmakler (insurance brokers): EUR 1,131,350 per claim / EUR 1,697,600 per year under the GewO
AfterVersicherungsmakler (insurance brokers): EUR 1,564,610 per claim / EUR 2,315,610 per year under the GewO (updated October 2024)
Why: The mandatory minimum professional indemnity coverage for German insurance brokers under the GewO was raised in an October 2024 update, so the article's stale pre-update minimum coverage figures needed to be corrected to the current amounts.
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