English translation: liability indemnity with accident damage access (ADE)
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07:01 Jul 4, 2008
German to English translations [PRO] Bus/Financial - Insurance
German term or phrase:Haftungsbefreiung mit Selbstbehalt
Please, explain the meaning of these phrases in the auto rental agreement:
Haftungsbefreiung mit Selbstbehalt - 200 EUR
Teilhaftungsbefreiung mit Selbstbehalt - 200 EUR
Thanks in advance!
Deductible means that in the event of damage you pay the first 200, the insurance pays the rest (making you exempt from the remaining amount of the liability). You do not have to pay the 200 front up, i.e. the fee for the liability insurance is not € 200.