If you edit or publish an article, an additional cookie will be saved in your browser. Groben Fahr­lässig­keit (Gross negligence): the “lack of slight diligence or care” or “a conscious, voluntary act or omission in reckless disregard of a legal duty and of the consequences to another party”, Selbstbeteiligung (deductible/excess): the amount that you would have to pay out of your pocket if an insured incident were to happen. The good thing is, whether it was destroyed, damaged or stolen, the insurance replaces the original value of an item, rather than the present value. For permanent foreign residents in Germany, health insurance in compliance with German government regulations is mandatory. Typically, this insurance will cost you around 3% of your gross monthly income. For expatriates in Germany, the firm provides affordable and flexible policies that offer more extensive coverage than typical plans. This will be the maximum amount that can be paid out. Relocating. So if you live in a shared flat (WG) or on the ground floor where things can get stolen, or if you’re simply clumsy, you should probably consider it. Public insurers are non-profit companies. My name is not on the contract, but I am registered as living at the address. Although this is obviously a bit … (e.g). This website is using cookies to collect anonymous information about your session. Quite helpful. You might still need a foreign health insurance card by a German insurance company, in case you travel abroad and need medical assistance, especially if something more dramatic happens and you need to be transported back to Germany. Telephone: +49 (0) 30 588 49400. Homeowner’s insurance insures a building as well as all permanently installed parts, such as walls, pipes or doors. We mentioned liability insurance before – what’s the difference? Usually, fixing broken pipes/changing old pipes is up to the landlord, when it’s normal “aging” conditions. Full provision in the case of gross negligence. Whilst it cannot protect you from a break-in, a fire or a water leak, the insurance will cover you in a worst-case scenario. Home contents insurance is one of the most important types of insurance in Germany. The total value of coverage is usually based on an equation rather than combined value of all listed possessions. I was also confused when I read Hausratversicherung for the first time! : do you have coverage for burglary if you left your window open? The right electricity provider for your home, Finding a doctor that speaks your language, Applying for parental benefits – Elterngeld. Germans tend to take insurance quite seriously. Launched back in 2017, FRIDAY has been inspiring customers who are looking for best value car insurance, with policies based on kilometres driven per month. They are also called sickness funds (Krankenkassen). You would have to clear this with each insurance company. (Gothaer is a great example for the full coverage). If you select "Remember Me", your login will persist for two weeks. It was late in the evening, after many sleepless nights working on my thesis. Insurance companies normally follow a standard rule, which means a € 650 / square meters of your flat. And even if you pick the most reasonably-priced home contents insurance Germany has on the market, it’s still beneficial. dict.cc English-German Dictionary: Translation for household insurance The great thing is, a basic home contents insurance in Germany is pretty affordable and good value for money. The following formula is generally used to estimate the value of your home: Your flat in square metres x 650 EUR. If you continue to use this site we will assume that you are happy with it. The replacement value of your personal belongings defines the amount for the coverage. Made with in Berlin. Many people end up either under-insured or over-insured. So no matter what disaster unfolds, you will not be out of pocket. ), and expensive furs and jewellery that amount to more than the insured limits. This cookie includes no personal data and simply indicates the post ID of the article you just edited. Starting a business: the overview you were looking for. It's helping to track performance and user behavior on the website to improve on it. Glass damage: the same applies to glass damage, for example, on your TV, smartphone or ceramic hob. We get it, you’re still not sure what the deal is with house insurance in Germany. Hello Bastian, thank you for all the information! This type of insurance is actually mandatory for everyone who is hired as an employee in Germany. In theory, any object you have in your apartment counts as a household good and is covered by house insurance in Germany. 4h later, the neighbors rang the door with a frown on their faces; the pipe had broke, the water flooded the bathroom floor, and leaked downstairs. You may want to see an expert about this but in my opinion, the landlord has to first prove it is your fault that the pipe broke in order to ask you to cover for damages. While reviewing the German household insurance options we have considered two important factors: Full provision in the case of gross negligence; Best price range; We highly recommend Coya for household coverage upon the factors above. I had in front me, thousands of euros worth of repairs on my hands. Short description with video clip about household contents insurance in Germany with the option to ask for your individual offer. Wherever you come from, you’ve probably already heard about this kind of insurance. This is what Germans call liability insurance. By default, most house insurances back valuables by around 20-25 percent of the agreed sum. I was going through an insurance cos’ website HUK 24..and what they told me is that I will need to take a Hausratsversicherung for damages to a property irrespective of who owns the property. So whether house insurance is essential or not, I’ll let you decide. This cover is more comprehensive than is normal for standard German … Please find listed below the most common PROPERTY INSURANCES in Germany.. None of them is required by law but quite often Personal Liability- and Household Content Insurance cover must be proven to your landlord.. If you wish to get insurance for potential burglaries, damages, water issues, storms or robberies you need to apply for household insurance (Hausratversicherung). It does not impact the editorial line of this blog. One policy might exclude more specific cases that are not covered, compared to the other for example. House insurance in Germany doesn’t just cover damage within your flat, it can also accompany you beyond your four walls. This type of insurance typically covers loss of your belongings, inside your home, due to theft, fire or water damage, etc. Whether you are moving abroad for the first time or relocated multiple times before, the … This site uses Akismet to reduce spam. First of all, in German it’s called Hausratversicherung, and no, it’s not insurance for your house pet rat! You can either hope and pray for it not to happen, or you can be prepared. Welcome Center Germany © 2019 affiliated with Welcome Center Malta. If you work for yourself or a smaller company chances are you will have to figure out your insurance and finances yourself. Translations in context of "household insurance" in English-German from Reverso Context: Specials: First time to rent after furnishing/renovation in November 2013 - including also GEZ and a household insurance. Begrenzt / unbegrenzt (limited / unlimited): a limited or unlimited policy coverage, usually lurking in the small print of a contract. Intasure is a global company providing home insurance coverage for properties around the world. And all of it seems to be “same same but different”. I often joke that given half a chance, a German would insure his shower curtain against water damage. Your household contents are calculated on the basis of a total sum insured, which applies to your entire household. I just have a question which i hope you can help me with. When there is water damage or a fire in the house, you won’t have to pay for the cost of all new furniture. you or a family member, Versicherungsprämie / Versicherungsbeitrag (Insurance premium or insurance contribution): the one-time payment or regular amount that comes out of your account and into your insurance company’s, If you hadn’t already guessed, I feel like house insurance in Germany is pretty useful. If a fire broke out, the entirety of your home could be destroyed. The mandatory insurance includes personal injury and damage liability. House insurance for Germany is not often high on the list of priorities. If you log out of your account, the login cookies will be removed. This is usually based on the total square meter size of the property x approximately €500-600. The home contents insurance is the most common insurance in Germany. Building components are also not included – but if you’ve read the rest of this article, you’ll know that those are part of the homeowner’s insurance. I’d suggest reading the policy terms closely. Household Insurance. Hot tip: On the off chance that you give housewarming a whole new meaning, be well-prepared. If there are construction works taking place in the building of your apartment, which include scaffolding this should be reported as well since this could increase the risks of theft. Like the above, it’s an extra that needs to be added on. Homeowners’ and house insurance cover similar dangers, such as fire, storm and tap water damage, but insure different items. I had put another load in the washing machine and thought about it no more, deep into my thoughts. Yes, the term is understood the same way by everyone. There are many different forms of insurance covering pretty much every risk you can think of. An exception may be made if you are delegated by your employer to work in Germany for a period defined in your work contract usually not exceeding three to five years. In this … What is SCHUFA: all about the German credit rating. Simply because, you just never know until it’s too late. Dental care is one of the more costly aspect of health care. These are for your convenience so that you do not have to fill in your details again when you leave another comment. All Rights Reserved. The following formula is generally used to estimate the value of your home: Your flat in square metres x 650 EUR. Super useful! How do i pick a good policy? Before you sign any contract though, make sure you get clued up on what the following common terms mean. If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. Hello confusion, my old friend! For example, many of them cover you in case of theft from a hotel room you’re staying in, on holiday let’s say. Please learn more below on key elements about household insurance in Germany. For foreigners, there would also be an option to get a repatriation insurance in Germany. If you’re brave enough to shop for insurance by yourself, then comparison sites like TarifCheck will do the trick. Negligence: house insurance also doesn’t pay the full amount for gross negligence, as in, if you leave your flat without closing a window and a theft occurs. Our rent is being paid from a joint account (however, it was being paid out of his account until very recently). This is to make this website even better. Here are a few other things that aren’t covered by house insurance. You’d need to check the conditions of your contract/insurance policy. Hey Rachel. Jokes aside, we’re almost there in terms of defining which insurance is good for what. As usual, the devil hides in the small prints. Thanks much. Home truths: If you’ve got particularly expensive valuables, like jewellery or pieces of art, you’ll probably have to pay a premium. Our household switch rate is a real all-rounder. Insurances in Germany “Germans have insurance for everything” - that might sound superficial but it is true. It’s a boring topic that is often left for later. They are one of those helpful apps that’s got clear pricing and good coverage, and makes you hate insurance that little bit less. Hey Leo. German insurance system offers a wide choice of ways to ensure your security be it a household, liability, accident, travel or life insurance. Your insurance should at least cover: The cost to rebuild your home (often different from its market value - Guaranteed Replacement Cost coverage is available to protect you if … Most full collision coverage is optional. As you sign up for house insurance, create an inventory with all your belongings, complete with photos and receipts. Bicycles: living in a place that suffers from bike thefts, it’s important to be mindful that bikes aren’t always included in German house insurance. This statistic shows the number of persons in Germany with home content insurance from 2016 to 2020. Intasure Home Insurance. And if there is a difference in this percentage/amount when you increase the value of your householdings? Insurance in Germany is a HUGE industry. It’s not considered an insured burglary theft – just regular theft. Coya AG. You can read more about integrity & ethics here. When you log in, we will also set up several cookies to save your login information and your screen display choices. These cookies will last for one year. Some insurance companies won’t provide you with coverage for gross negligence at all, meanwhile others may do only up to a certain level and there a few, which could deliver full coverage for this. That’s a tough question to answer on so little details because it depends on whose fault it is. Whether you like it or not, bad stuff can happen – c’est la vie. German Holiday Home Insurance. Expatriate health insurance in Germany Free advice and quotation service to choose an expat health insurance in Germany Moving to Germany Get free quotes from professionals for moving to Germany Learn the local language And get off to a great start in your new country. You’d have to fork out a whopping €50.000 for damages to a 75 sqm flat. Still, it can save your wallet’s butt like it did once for me. They both service you completely in English, from signup, contracts, to insurance claims. (e.g. On average, to cover your living expenses in Germany you will need around 861 euros per month (around $1,002 US dollars) or 10,332 euros per year (around $12,024 US dollars). Would my belongings still be covered in this case? If they are, it’s usually only under certain conditions and up to certain compensation levels. That includes furniture, carpets, electrical appliances, clothes, but also valuables and much more. Some posts contain affiliate links that may generate revenue. Whereas house insurance provides protection against damage or loss of your own household goods, and is more of a property insurance. I don’t see a problem but maybe some only serve German residents. Ordinary household insurance (Hausratversicherung), which normally covers loss of property contents from fire, burglary and water damage etc) is not compulsory in Germany. Zahnzusatzversicherung – Dental insurance. The Hausratversicherung is the insurance that will cover you for any damage to household items such as furniture. Simply said, if you tipped your flat upside down, anything that falls would be eligible for compensation. The key to buying insurance in Germany is to shop around. It insures your belongings against damages due to storms, water, fire and vandalism. You can forget about things like cars, vessels and aircrafts (but what about my helicopter? What hazards does house insurance in Germany cover? Travel Insurance (Reiseversicherung) Travel insurance is for when you miss a flight or run into health troubles abroad. It is specified whether or not the amount covered is different in case of burglary. competence. If you only do it once all your stuff has disappeared, it’ll just be a headache. The landlord should have a policy of their own, also for furniture and other belongings. Private liability insurance (Haftpflichtversicherung) in Germany, Choosing Supplementary Pension Schemes in Germany, Free brochure:’Security right from the start’ Siemens-Betriebskrankenkasse Health Insurance Germany, Health Insurance In Germany – Private and Public Insurance Options in 2020, Private Health Insurance in Germany (Private Krankenversicherung – PKV), Health Insurance For Self-employed and Freelancers in Germany. Now, under what circumstances does German home contents insurance cover your possessions? Participation in the German state pension scheme, or ‘Deutsche Rentenversicherung Bund’, is mandatory for all permanent employees in Germany, regardless of their nationality. Cleanup (Aufräumungskosten): costs for cleaning up insured items as well as removal and disposal, Movement and protection (Bewegungs- und Schutzkosten): costs incurred as a result of moving other items for the recovery and restoration of insured property, Transport and storage (Transport- und Lagerkosten): costs for transport and storage of the insured property, if the apartment is no longer usable and you can’t store anything there anymore, Change of lock (Schlossänderungskosten): costs for changes to the lock if the keys for the front door or safes are lost whilst being insured, Guarding (Bewachungskosten): costs of guarding the insured flat in case it becomes uninhabitable and/or other security measures don’t provide adequate protection, Building damage repair (Reparaturkosten für Gebäudeschäden): costs ensued from property damages caused by robbery or burglary, or the attempt of such an act within the home, Provisional measures (Kosten für provisorische Maßnahmen): expenses for provisional measures needed to protect the insured property. If it’s the same everywhere, there are varying degrees of cover which you can pick from. Should you leave your existing apartment for another one it’s important to know you can take your policy with you. The cost of living in Germany is quite reasonable compared to other European countries. Shall I choose the more expensive one? For your moveable belongings such as furniture, clothing, sports equipments and kitchen tools this will give you the right coverage. © 2020 - Settle in Berlin. You could even consider home insurance to be a superpower, saving your a$$ the German way. Our recommendation for German household insurance. Germany has many other types of insurances for those, as you’ve probably gathered by now. There is a dedicated post for this here. Thank you! Household insurances may vary in Germany relative to coverage levels offered. or that’s only an insurance for a homeowner where the landlord is responsible? hello – as an owner of an appartement in Berlin who doesn’t live in Germany – is it possible to have an Wohngebäudeversicherung? Rain or snow: damage through rain or snow are also risks that aren’t covered by a home contents insurance in Germany. You’d need to look into the terms and conditions of the policy you are interested in and check if the policy covers everybody’s belonging in the household. What other types of costs are covered in German house insurance? But get ready for another long German term. It could be either a fixed amount, or a percentage. So it’s a no-brainer really, even for those swimming in money. Can either of us get contents insurance, or should it be him as the sole named renter? But more on this one later. But again, i’m no expert. Insurance broker for individuals & families, employers, freelancers and expatriates. If you have a Hausratversicherung you will get money for what your furniture was valued at. I’m not sure what this provider meant here…. What you shared is quite helpful. The insurance sum is calculated using the replacement value of all your belongings; if your total household possessions are worth more than 75,000 Euros, there are a number of international insurance companies which offer all-risk coverage which may be of interest to those with art collections, jewellery and other items of considerable value. Useful insurance jargon when picking your policy. hallo, Bastien. Ring a bell? I moved to Germany about three years ago and currently rent a flat with my boyfriend. that’s an excellent question. Hey Kyriakos. As for the other question, you’d need to check to but i believe it doesn’t change. With same coverage, monthly payment at Coya is 4,46 euros, but for GetSafe, it is only 1,61 euros. Many thanks! Versicherungsnehmer (Policyholder): the individual who takes a policy out with an insurance company, i.e. Your employer will often pay half of the expenses. I have a question for you. Since January 1st, 2009, Germany made health insurance compulsory for everyone. Around 90% of German residents have public health insurance (gesetzliche Krankenversicherung or GKV) 1, 2. Maybe you are moving to Germany or maybe just staying in Germany for an extended time for business. Best-Leistungs-Garantie (best service guarantee): your insurance company’s word that they’ll treat you at least as well as any other German insurance would (yes, this can be hard to believe when you’ve encountered Berliners a few times). Home insurance in Germany Home insurance or household contents insurance (Hausratversicherung) is necessary if you want to cover yourself for potential burglaries, damage, water issues, storm or robbery etc. You will need around 861 euros a month to cover your living expenses in Germany as of 2021. Ok, so German home contents insurance sounds pretty useful. Out how much the insurance covers in case of a total coverage of €.. Is with house insurance essential? ” you might ask the key to insurance... Was used in order to get a repatriation insurance in Germany at,! “ aging ” conditions be genau everything ” - that might sound superficial but it is best on! Makes sense are covered in this … insurance in Germany by a home insurance... The value of your belongings against damages due to storms, water, and! T change any object you have in your details again when you close your browser much insurance they take... 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( Gothaer is a HUGE bonus compared with liability insurance before – ’! Back valuables by around 20-25 percent of the expenses save your wallet s! It not to happen, or damage to household items such as walls, pipes or doors damage for... La vie can pick from would be eligible for compensation can take your policy includes cover for gross (! Burn a hole in your apartment counts as a renter can your landlord ask you to cover water damage rain! Belongings against damages due to storms, water, fire and vandalism specific cases that not... Below on key elements about household contents insurance companies also provide coverage for around. And other belongings insurance essential? ” you might ask, most house insurances back valuables around! But some things aren ’ t covered by house insurance defined in square metres x 650 EUR insure his curtain... ’ ll just be a headache provide coverage for household insurance germany if you only do it once all your stuff disappeared! That force was used in order to get the coverage by house insurance doesn ’ t require you cover. Present value is replaced put another load in the small prints falls would be eligible for compensation about integrity ethics. Are not covered, compared to the other for example, where the... Cover your living expenses in Germany a question which i hope you can me! Policy includes cover for gross negligence did once for me track performance and user behavior on basis! List, but i believe it doesn ’ t covered by house insurance in Germany you your. Doctor that speaks your language, Applying for parental benefits – Elterngeld health... What goods are covered in German house insurance in Germany is pretty affordable and flexible that! Be destroyed tooon this source, a whole new meaning, be well-prepared the weather has.

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