VHV Versicherungen

What VHV Versicherungen does

VHV Versicherungen is a German mutual insurance association (Verein auf Gegenseitigkeit) headquartered in Hannover, founded in 1919 and operating across the VHV Gruppe for both private and commercial customers. The company underwrites a broad insurance portfolio: vehicle insurance (auto, motorcycle, motorhome, trike, quad, moped, e-scooter), liability (personal, builder's, public-sector, pet owner, property owner), home contents and residential building, construction-phase coverage, legal protection, life and disability, accident, and pet health insurance. Underwriting technology centers on a usage-based pricing program called TELEMATIK, which uses an in-vehicle box and a smartphone app to score driving behavior and award up to a 30% premium discount, with a guaranteed 10% first-year rebate. Supporting digital infrastructure includes an online customer portal, a digital damage card (Digitale Schadenkarte) with QR-code accident-data sharing, and online tariff calculators for self-service purchase.

The business model is subscription recurring premiums across all product lines, with pricing structured in tiers (KLASSIK-GARANT and EXKLUSIV) and low entry-level pricing (Hausrat from €2.33/month, Kfz from €4.80/month). Distribution is dual-channel: direct online self-service via vhv.de alongside a network of approximately 8,000 independent insurance intermediaries (Vermittler), with phone service for complex and commercial cases. As a mutual, VHV has no external shareholders, reinvests surplus for policyholder benefit, and is governed by the principle that premiums are calibrated so those needing support receive it. The customer base spans 2.5 million private motor customers, 100,000+ commercial customers, 27,000+ Bauwirtschaft customers, and 8,700 architects/planners/engineers, with over 164,000 construction-related insurance contracts. Headcount is 1,001–5,000 employees, with 50+ open positions listed on the career page as of the data collection date. No public revenue figure is disclosed.

Name

VHV Versicherungen

Legal name

VHV Versicherungen

Website

https://vhv.de

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

VHV Versicherungen is a Hannover-based German mutual insurer offering vehicle, liability, home, construction, life, and pet insurance to private and commercial customers, distributed via direct online channels and ~8,000 independent intermediaries.

Ownership category

akta.pro rank

Product category

Multi-line Property & Casualty Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Standard Personal Auto Insurance (Liability, Collision & Comprehensive) (FSAJAAAA)

akta.pro secondary industries

Personal Auto Add-Ons & Endorsements (Roadside, Rental Reimbursement, OEM Parts) (FSAJAAAL), Commercial Auto & Fleet Insurance (FSAJAMAB)

Keywords

• Motor vehicle insurance
• Personal liability insurance
• Construction industry insurance
• Property and casualty insurance
• Commercial fleet insurance

Headquarters

HQ city

Hanover

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Kfz-Versicherung (Auto, Motorrad, Wohnmobil, Trike, Quad, Moped, E-Scooter): Motor vehicle insurance products including liability, partial coverage (Teilkasko), and full coverage (Vollkasko) with various add-on modules. Primary revenue stream with approximately 2.5 million private motor insurance customers.
2. Privathaftpflichtversicherung: Personal liability insurance protecting against financial risks from third-party damage claims. Offered in Family, Couple, Single, Single with children, and 55+ life situation variants.
3. Hausrat- und Wohngebäudeversicherung: Home contents and residential building insurance covering household items and property against damage, theft, fire, and natural disasters.
4. Bauversicherungen: Construction-specific insurance including builders liability, structural damage insurance, and coverage for construction workers and helpers. Serves over 27,000 construction industry customers.
5. Rechtsschutzversicherung: Legal expense insurance covering legal costs for various disputes.
6. Tierversicherungen: Pet insurance products including dog and cat health insurance and surgery coverage.
7. Unfallversicherung: Personal accident insurance providing coverage for accident-related injuries and consequences.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

VHV Versicherungen designs, underwrites, and distributes a comprehensive range of German personal and commercial insurance products — including motor vehicle (car, motorcycle, RV, trike, quad, moped, e-scooter), private and professional liability, household contents and residential building, construction, legal expense, accident, term life, disability, basic-abilities, burial, and pet health insurance — sold via direct online channels with tariff calculators, a ~8,000-strong independent intermediary network, and phone service. Commercial customers receive fleet, cyber (VHV CYBERPROTECT), property (VHV FIRMENPROTECT SACH2), debt-collection, and bail-bond cover. Recurring subscriptions, competitive starting prices, telematics-based premium discounts, and a Leistungs-Update-Garantie that auto-upgrades coverage drive the offering.

Product overview

VHV Versicherungen is a German insurance company offering a comprehensive portfolio of insurance products through an integrated multi-channel distribution model (online, independent agents, and customer portal). The core offering spans vehicle insurance (cars, motorcycles, RVs, trikes, quads, mopeds, e-scooters), liability insurance (personal, professional for civil servants, pet owners, property owners, builders), property insurance (home contents, residential buildings, solar, heat pumps, construction), legal protection, life and health insurance (term life, disability, funeral), and pet health insurance (dogs and cats). Add-on modules like TELEMATIK (driver behavior tracking), driver protection, protection letters, discount protection, GAP coverage, and foreign protection enhance the vehicle and liability products. For business customers, the company offers fleet insurance, cyber insurance (VHV CYBERPROTECT), property insurance (FIRMENPROTECT SACH2), debt collection protection, and bail bond insurance. The KLASSIK-GARANT and EXKLUSIV tiers structure the product lines with varying coverage levels.

Differentiator

Problem solved

Functional benefit

Brands

• Klassik-Garant: Standard insurance product tier offered by VHV, providing core coverage options for motor vehicle and liability insurance.
• Telematik

Products and services

• Kfz-Versicherung (Auto) Vehicle insurance covering liability (Haftpflicht), partial coverage (Teilkasko) including theft, fire, natural damage, and glass breakage, plus full coverage (Vollkasko) for self-caused accidents and vandalism; supports opt-in TELEMATIK telematics discounts up to 30%. Designed for private car owners in Germany.
• Motorrad-Versicherung Motorcycle insurance with liability, partial coverage, and full coverage options, including ferry protection and clothing protection. Targets German motorcycle owners.
• Wohnmobil-Versicherung Camper/RV insurance including liability, partial, and full coverage; offers camping contents insurance, new vehicle price protection up to 48 months, and gross-negligence protection. Suited for German motorhome owners.
• Trike-Versicherung Three-wheeled motor vehicle (trike) insurance with liability, partial and full coverage options, including ferry protection and clothing protection. Targets German trike owners.
• Quad-Versicherung Quad/ATV insurance with liability, partial and full coverage options, including ferry protection and short-circuit damage coverage. Targets German quad owners.
• Moped-Versicherung Moped/scooter insurance starting at €42/year, covering liability and optional partial coverage for theft, fire, storm, and animal collision. Targets German moped riders.
• E-Scooter-Versicherung Electric scooter (eKFV) liability insurance with €100 million sum insured and free shipping of the required license-plate sticker. Targets German e-scooter users.
• Privathaftpflicht-Versicherung Personal liability insurance covering personal injury, property damage, and financial losses up to €50 million; includes rental-property damage, key loss, and drone coverage, available in Family, Couple, Single, Single-with-children, and 55+ variants (KLASSIK-GARANT and EXKLUSIV tiers). Designed for German consumers.
• Bauherren-Haftpflichtversicherung Builder's liability insurance for construction projects up to €10 million, covering helpers, machinery, environmental damage, and renewable energy systems. Targets German construction principals and self-builders.
• Tierhalterhaftpflicht-Versicherung Pet owner liability insurance for dogs and horses with sums up to €50 million, covering all breeds, no leash or muzzle requirements, and demand-recovery coverage; multi-pet discount available from the second animal. Suited for German pet owners.
• Haus- & Grundbesitzerhaftpflicht Homeowner and property-owner liability insurance covering traffic-safety obligations, water damage, renewable-energy installations, and construction measures up to €100,000. Targets German property owners.
• Unfallversicherung Personal accident insurance providing financial protection in case of accidental injury, covering medical costs and disability benefits. Designed for German private individuals.
• Hausratversicherung Home contents insurance starting at €2.33/month, protecting against fire, water damage, theft, and natural hazards. Targets German tenants and homeowners.
• Wohngebäudeversicherung Residential building insurance covering structural damage from fire, water, natural hazards, and other perils. Targets German homeowners and landlords.
• Photovoltaik-Versicherung Solar/photovoltaic system insurance covering damage to PV panels and liability for energy installations. Targets German owners of residential solar systems.
• Wärmepumpe-Versicherung Heat pump insurance covering repair and replacement costs for heat pump systems. Targets German owners of residential heat pumps.
• Bauleistungs-Versicherung Construction performance insurance covering damage to construction work during the building phase, including unforeseen events affecting the construction project. Targets German builders and contractors.
• Rechtsschutzversicherung Legal protection insurance covering legal costs for various disputes including traffic, property, and personal matters. Targets German private customers.
• Risikoleben Term life insurance providing financial protection for dependents in case of the insured's death. Targets German consumers seeking income replacement for their family.
• Berufsunfähigkeit Occupational disability insurance providing income replacement if the insured cannot work in their profession due to illness or accident. Targets German earners.
• Grundfähigkeit Basic-abilities insurance covering loss of fundamental capabilities such as seeing, hearing, or mobility, regardless of professional activity. Targets German consumers.
• Sterbegeld Burial expense insurance covering funeral costs to relieve family members of the financial burden. Targets German consumers, often older customers planning ahead.
• Katzenkrankenversicherung Comprehensive cat health insurance covering veterinary expenses for illness and accidents. Targets German cat owners.
• Hundekrankenversicherung Comprehensive dog health insurance covering veterinary expenses for illness and accidents. Targets German dog owners.
• Hunde-OP-Versicherung Dog surgery insurance covering operation costs for dogs. Targets German dog owners seeking surgical-only coverage.
• Katzen-OP-Versicherung Cat surgery insurance covering operation costs for cats. Targets German cat owners seeking surgical-only coverage.
• VHV Flottenversicherung Customized fleet insurance for business vehicle fleets covering liability, partial, and full coverage with top benefits tailored to commercial use. Targets German companies operating vehicle fleets.
• VHV CYBERPROTECT Cyber insurance product for businesses protecting against cyber attacks, fraud, and related losses. Targets German commercial customers facing cyber risk.
• VHV FIRMENPROTECT SACH2 Business property insurance covering buildings and business equipment against natural disasters and water damage. Targets German commercial property owners.
• Forderungsausfall Debt-collection protection insurance for businesses covering losses from customer defaults on receivables. Targets German commercial firms exposed to customer default risk.
• Kautionsversicherung Bail bond and guarantee insurance for businesses posting bonds or guarantees in the course of commercial operations. Targets German businesses needing surety coverage.

Quantifiable outcome

• Up to 30% savings on motor insurance premiums through safe driving with TELEMATIK
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• HUK-Coburg: Germany's largest motor insurer (also a mutual-style Versicherungsverein) with a comparable mass-market auto, liability, and household product set distributed through both direct and intermediary channels. Direct competitor across VHV's flagship Kfz line.
• DEVK Versicherungen: German mutual insurer offering motor, liability, household, and legal-protection products through a multi-channel model very similar to VHV. Comparable structure, product mix, and customer segmentation make it one of the closest direct analogues.
• R+V Versicherung: Cooperative German insurer owned by the agricultural and cooperative banking sector; offers motor, liability, household, and construction insurance through intermediaries and direct channels. Overlaps with VHV across personal lines and the construction vertical.
• LVM Versicherung: Regional German mutual insurer strong in personal auto, liability, and household products, distributed through tied agents. Highly comparable mutual model and customer base, especially in VHV's private-customer segment.

Broad incumbents

• Allianz Deutschland: Germany's largest multi-line insurer, offering motor, property, life, and commercial insurance alongside asset management. A broad incumbent with overlapping personal and commercial lines where VHV competes.
• AXA Deutschland: Major German P&C and life insurer with direct, intermediary, and bank-distribution channels. Competes with VHV across motor, liability, and household products, but operates as part of a larger global group.
• Generali Deutschland: German arm of Generali Group offering motor, property, liability, and life products through mixed distribution. Overlaps with VHV in personal and commercial lines as a broader European incumbent.

Emerging players

• Verti Versicherung: Direct/digital German motor insurer (Direct Line Group subsidiary) competing on price and online UX. Represents the digital-first threat to VHV's auto book and intermediary-driven economics.
• DA Direkt: Digital-first German insurer focused on motor and household products via direct online channels. A pure-play direct competitor for VHV's online tariff-calculator-led personal lines.

Regional players

• ADAC Versicherung: German motor insurer leveraging ADAC's 20M+ member base for personal auto coverage. Comparable product focus (motor) and German market footprint, though distributed primarily through ADAC's affinity channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/vhv_de

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VHV Versicherungen