Laws, courts and authorities
VVG
Abbreviation for Versicherungsvertragsgesetz
In short and in plain language
The VVG is the German law on insurance contracts.
It sets out the rights and duties of insurers and the people they insure.
One duty is to report a loss quickly. Another is to keep the damage as small as you can.
For emergency work after storms, it sets an important frame.
Definition
The VVG is the German Insurance Contract Act, which governs the rights and duties of insurers and policyholders. These include reporting a loss promptly and keeping the damage as small as possible. For emergency work after storms it provides an important framework.