Do you own property? This article is a must-read for you!

If you’re new to Germany, understanding the insurance system can be overwhelming, especially when it comes to protecting your property. Home contents and building insurance are essential parts of this protection but are often overlooked. In this blog post, I’ll explain why these insurances are important and how you can choose the right coverage for your home.

Why is Home Contents Insurance Important?

Home contents insurance covers everything inside your home, including furniture, clothing, electronics, and more. It protects you against damages from events like theft, fire, water leaks, storm, and hail. In Germany, repair and replacement costs for such damages can be high. Without home contents insurance, you could face significant financial burdens.

Example: Imagine a fire breaks out in your apartment, destroying your furniture and electronics. Without home contents insurance, you would have to pay for all the losses out of your own pocket. With insurance, the costs to replace your damaged items are covered.

What Does Building Insurance Cover?

Building insurance is crucial for homeowners. It covers the structure of your property – the building itself, whether it’s a house or an apartment. It protects against damage from fire, storm, hail, water leaks, and often even flooding. This insurance is essential because repair costs for such damages can quickly reach thousands of euros.

Example: A severe storm damages your roof, leading to significant water damage inside. Building insurance will cover the cost to repair the roof and fix the resulting water damage.

How to Choose the Right Insurance

When choosing home contents or building insurance, consider the following:

1. Coverage Amount: Make sure the insurance amount matches the value of your belongings or property. Underinsurance could mean you only get partial coverage in case of a claim.
2. Additional Coverage: Think about whether you need extra coverage for risks like flooding or earthquakes. In some parts of Germany, these risks might be relevant.
3. Deductibles: Decide if you want a deductible (the amount you pay yourself before the insurance kicks in) to lower your insurance premiums. This means you’ll cover part of the costs if a claim occurs.
4. Service and Communication: As an expat, it’s important to choose an insurer that offers good customer service and ideally can communicate in your language. This makes dealing with insurance claims much easier.

How I Can Help You

As an insurance broker specializing in expats, I handle all the communication with insurers for you. In case of a claim, I manage the process and ensure you get the compensation you need quickly and smoothly. You won’t have to deal with paperwork or complicated insurance terms – I’ll be with you every step of the way.

Protect Your Property Today!

Let’s make sure your property is well-protected in Germany. Click on the link to my booking calendar to schedule a personal consultation.

I look forward to helping you find the right home contents and building insurance for your needs!