eVB stands for electronic insurance verification. It is an abbreviation derived from the German term.
Essentially, the eVB number serves as digital proof of third-party liability insurance coverage, primarily used in Germany for vehicle registration. This means that before you can register a car, motorcycle, or other vehicle, you need to show that you have insurance that covers damages you might cause to others. Instead of presenting a physical insurance card, you provide the eVB number.
Here's a breakdown:
- Function: Proof of existing third-party liability insurance.
- Format: A seven-character alphanumeric code (e.g., GS12345).
- Purpose: Required for vehicle registration in Germany.
- Issuance: Provided by the insurance company upon taking out a policy.
- Significance of First Two Characters: Indicate the specific insurance company providing coverage.
In short, the eVB number simplifies and speeds up the vehicle registration process by providing immediate electronic verification of insurance coverage.