(1) Liability insurance which a policyholder is obliged by legal provision to take out (compulsory insurance) must be concluded with an insurance company authorised to do business in Germany.
(2) The insurer confirms in writing to the policyholder, quoting the sum insured, that he or she is obliged to take out the compulsory insurance in accordance with a legal provision, to which reference must be made.
(3) The provisions of the present division also apply insofar as the contract of insurance grants cover in excess of the prescribed minimum requirements.