The insurance indicator on your two-wheeler is no longer valid. What are the consequences if you continue to drive it so?

The selected combination is correct because both consequences mentioned—facing fines or imprisonment and bearing the costs of any accidental damage—are applicable under German law when operating a vehicle without valid insurance. According to the German Road Traffic Act, driving a vehicle without valid liability insurance is a serious offense, which can result in legal penalties. Additionally, if you are involved in an accident while uninsured, you will be responsible for all damages incurred. This reinforces the importance of maintaining valid insurance for the protection of yourself and others on the road.