Main types of insurance in Germany

The kind of  insurance in Germany you will subscribe to might not be the first thing that comes to mind when planning to move here, but it is utmost important to plan ahead some coverage. Life is a bitch and you never know what it has in store for you so a good coverage makes sure you are not left penniless after something happens. Some may differ from what you know from back home so i made an overview types of insurances you can subscribe to in Germany.

insurance in Germany

List of possible insurance in Germany:

Krankenversicherung:

Your health insurance in Germany. I have made a dedicated page to see here. You can be public or private insured and you might need to subscribe to a complementary insurance for costs like heavy dental surgery for example.

Haftpflichtversicherung:

It can be translated to insurance for personal liability. The only one in this list apart from health insurance that you should be sure to have. It covers you from all the little accidents that can happen every day to you as an individual. Example: You drop your favorite iron from your balcony and lands on the head of your friend Klaus, who happens to pass by to pick up his favorite dress. If you don’t have any Haftpflichtversicherung, you might have to pay for any costs resulting from this accident to your friend Klaus. Subscribe to this insurance, it is UTMOST important. It is cheap and covers many potential liabilities. You can find good rates for that on Preisvergleich.de.

Hausratversicherung:

That insurance will cover every item you own in your flat or house like your furniture or your TV set. It might come handy when you have finally gathered all those precious antiquities from the flea markets around Berlin. It covers your belongings in case of fire, water damages and theft.

Glasversicherung:

Unfortunately, the Hausratversicherung doesn’t cover broken windows in your flat, this will do the trick. It might be useful if you live in a place with large windows. However some Hausrat do have protection against broken windows, for a slightly higher fee.

Car insurance – Kfz-Versicherung :

This is your car insurance in Germany that can be more or less extensive. I have made a more detailed guide about this on this page. It will help you decide which insurance is best for you and give you tips on how to get the best deal to save money.

Rechtsschutzversicherung :

Literally “ law-protection-insurance”, this will cover you from any procedural fees you might have to pay when resolving a dispute in court. If you feel that conflicts with your landlords or neighbors might arise, it could be wise to subscribe to such insurances. There are policies covering personal risks or professional risks. You might also need protection in your professional life as well. Doctors have often that type of insurance in case their make a medical error and they have to face it in court. If interested, Preisvergleich.de can (again) help you to find the best rates.

Risiko-Lebensversicherung:

Your life insurance in Germany. You never know what comes around the corner for you in life, do you? This will make sure that the people you love have enough resources while you are in heaven looking over them. You can pick policies that cover you for 15, 20, 25 or more years through your life. This is something people tend to subscribe to when they have children or get married.

Unfallversicherung:

Your accident insurance in Germany : this will make sure that you have enough financial means in case you become you become permanently handicapped after a grave accident. This is really relevant if your job is depending on your ability to move or use strength.

Wohngebäudeversicherung:

If you get far enough to buy your own flat, you will need that to cover the actual building where you live in. It covers walls, roofs and basement. This is also important if you rent your flat out. Your tenant’s insurance doesn’t cover the walls he is living in.

 

I can not stress enough how important is it to have some sort of coverage. Living on the edge can be fun until you must pay 5000€ to your neighbor because of water damages caused by a flimsy washing machine (true story, it happened to me).

 

Tip : If you want to have a look at prices and compare plans between insurance companies, i would suggest to have a look on the price comparison website Preisvergleich.de. They specialize in comparing prices. Maybe worth a look for your Haftplichtversicherung or Hausratversicherung at least ?

12 Comments

  • Reply Jacky 12/08/2017 at 00:04

    Wonderful site Bastien, thank you. Do you know if employees are obliged to pay pension and unemployment insurance from their wage? I only have a 12 month work contract and am unlikely to stay on. (Could I even get unemployment benefit if I haven’t been working for more than 12 months?). I read on another site expats saying they didn’t have to pay these, but my HR says I do. Any thoughts?

    • Reply Bastien - Settle in Berlin 13/08/2017 at 13:38

      Hi Jacky, i think you should check with your home country with these pension and unemployment contributions can be transferred so these rights are recognized there as well.

  • Reply Mateus 07/07/2017 at 01:16

    What about RENTENVERSICHERUNG?

    • Reply Bastien - Settle in Berlin 07/07/2017 at 11:53

      Rentenversicherung is your pension plan, something that is included in your health insurance already for all employees. You can of course book additional plans on your own.

  • Reply Lambris Savva 08/02/2017 at 09:33

    Can you recommend a site for personal liability that is not in German

    • Reply Bastien - Settle in Berlin 08/02/2017 at 19:44

      Hello Lambris. To my knowledge, there are no insurance companies that have dedicated offers or websites in English. Sorry.

  • Reply Sarah Skeen 07/02/2017 at 22:52

    Hello,

    I am renting an apartment and the door has broken. The owner has said it is something I must pay for with my insurance. Is this correct if I don’t own the apartment and if so which insurance would cover this?

    • Reply Bastien - Settle in Berlin 07/02/2017 at 23:07

      Hi Sarah. this is harder to say without much information because if the door has broken because of normal use (normal wear and tear), you shouldn’t be you paying it. If it broke of misuse from your end, then you should cover (you and or your insurance that is to say). Look into what your contract say, maybe there is something about this. Haftpflicht should cover the damages if it’s your fault.

  • Reply Simon 31/01/2017 at 20:10

    Just clarifying, but when my flimsy washing machine hoses my neighbours I’d turn to my Haftpflichtversicherung (personal liability insurance) provider? (Rather than Hausratversicherung?)

    Great overview though, Cheers.

    • Reply Bastien - Settle in Berlin 31/01/2017 at 21:17

      Hi Simon. Hausrat applies to your own belongings in your own flat and Haftpflicht applies to other people or other people’s property. Hope this helps. 🙂

  • Reply Luis Feduchi 16/01/2017 at 19:34

    Can you recommend one or a few names of insurance companies in Berlin that may insure my flat? I am the owner but i am not a resident in Berlin.

    • Reply Bastien - Settle in Berlin 17/01/2017 at 09:25

      Hi Luis. It’s hard to recommend any plans because your needs are probably quite different. You can compare plans for Gebäudeversicherung on Preisvergleich. You will find it in “Sachversicherungen”. Best of luck.

    Leave a Reply