4 Insurances you cannot do without in Germany

By: Mandy-Williams

There are so many insurance companies here in Germany that it is overwhelming to think about what could happen that could ruin your position. Being insured is more than a good way to have a mind. Here are the 4 insurances that you cannot do without in Germany.

Private liability insurance

This insurance is a must for everyone! It covers you if you or your person damage another person’s property. If, for example, you or your children have damaged something in a shop, you are legally bound to pay for the damage. “Please note that dogs and horses must be insured separately and are not covered by individual or family insurance.

Household contents or household insurance

This is also a must in Germany. If your house burns or gets burglarized, this is a good insurance policy. The coverage includes the risks of fire, burglary, storm damage, water damage and / or vandalism. Ask for details about what and how much is covered when buying this insurance.

legal expenses insurance

Lawyers are expensive, here in Germany it’s no different. If you ever need legal assistance because of a dispute or employment, it is good to know that you are at least insured.

This insurance covers the costs of your own lawyer, court fees and witnesses, the costs of the other side if you lose the case and collect a deposit outside Germany.

Annual travel insurance

Things can change very quickly. If you have taken out an insurance policy, it will ensure that you do not lose all your valuable holiday pay if the unexpected happens. The travel insurance also covers all medical costs during your trip (German health system). An annual travel insurance package usually includes the following benefits: Travel cancellation insurance, travel interruption insurance, travel health insurance and luggage insurance.