Valuable personal belongings go with us through everyday life and face many risks. Whether it is an expensive bicycle, high-end camera equipment, a musical instrument, fine jewellery or professional sports gear, many people own things with a high material and emotional value. Valuables insurance (Gegenstandsschutz) steps in where standard contents insurance (Hausratversicherung) reaches its limits: damage outside your own four walls, theft on the move or damage from improper handling.
In Germany there is no legal obligation to insure personal valuables. Still, this kind of cover makes sense in many situations. Anyone who regularly travels with expensive equipment, whether for sport, on trips or for work, carries a considerable financial risk. A stolen bicycle worth €2,000, a damaged SLR camera or a damaged musical instrument can quickly become a real financial burden without insurance. High-value items that you use every day deserve extra protection.
Valuables insurance is for everyone who lives actively and does not want money worries to hold back their hobbies and passions. Sports enthusiasts, photographers, musicians, hunters, riders, divers and many others benefit from cover designed for their specific items. Many providers offer packages for particular categories. This lets you insure exactly the areas that matter to you without paying for cover you do not need.
The worldwide validity of many valuables policies is an important point. Whether damage happens in Germany, elsewhere in Europe or on trips to other continents, the insurance goes with its holder everywhere. That gives frequent travellers and active people a sense of security and freedom. Unlike contents insurance, which is tied to your home address, valuables insurance follows the owner on every trip.
When choosing valuables insurance, look closely at the scope of cover. Which causes of damage are covered? Does the cover apply only in Germany or worldwide? How is the value determined after a claim? Is there an excess, and how does reporting a claim work? We help you find the right policy for your lifestyle and the items you insure: individual, transparent and fairly priced.
Valuables insurance is a sensible addition for anyone who wants to protect their valuable possessions without giving up mobility and enjoyment of life. With the right policy you can enjoy everyday life and leisure activities without unnecessary financial worry.
Valuables insurance benefits
17 insurance categories: fishing, camping/outdoor, bicycles, photo/video/optics, golf, hunting/sport weapons, art/antiques, laptops/computers/gaming, air sports, fashion/handbags, musical instruments, riding, jewellery, diving, watches, water sports, winter sports.
Smart tariff: theft/robbery plus damage/destruction (fall, impact, accident, operating error, liquid, overvoltage, fire, animal damage, natural forces). Exclusion: sports competitions.
Komfort tariff: Smart benefits extended.
Premium tariff: all-risks cover, all damage except explicitly excluded damage.
All tariffs: new-value compensation for total loss, worldwide protection 24/7. Up to 10 items per contract, maximum €20,000 per item. Accessories up to 10% of the sum insured (for items worth under €250 each); insure anything above that separately. Contract term 1 or 3 years.