Your household contents are what turn a flat into a home: furniture, electronics, clothing, appliances, personal belongings. Together they have a value that quickly adds up to tens of thousands of euros. Home contents insurance (Hausratversicherung) protects these belongings from the financial consequences of unexpected events.
Home contents insurance covers damage from burglary and theft, fire and smoke, tap water damage (Leitungswasserschäden), storm and hail, and vandalism. After a loss it pays the new value of damaged or destroyed items, not their current market value. That makes a big difference: for a three-year-old television, the insurer pays the price of a comparable new set and does not deduct the remaining value.
Contents insurance is especially relevant for burglary: statistically, thousands of break-in attempts happen in Germany every day. Anyone who has been burgled loses property and often suffers considerable emotional harm as well. Good home contents insurance makes sure the material damage can be put right as quickly as possible.
The premium depends mainly on the size of your home and where it is. You need a sufficient sum insured, because underinsurance leads to a correspondingly lower payout after a loss. A rough guide is a sum insured of €650 per square metre of living space.
We go through your actual cover needs with you and make sure your belongings are fully protected, with no gaps.
Home contents insurance benefits
Sum insured: at least €650 per m2 recommended (Premium: €1,300/m2).
Valuables limit by tariff:
- Basis: 20% of the sum insured, max. €40,000
- Smart: 30% of the sum insured, max. €60,000
- Komfort: 40% of the sum insured, max. €100,000
- Premium: 50% of the sum insured, max. €100,000
Insured perils: fire, lightning, surge damage, explosion, leaking tap water, storm, hail, burglary, vandalism after a break-in, robbery.
Damage of all kinds (compensation limits): Basis €1,000, Smart €5,000, Komfort/Premium up to the sum insured.
Theft at home (distraction theft): Basis €1,000, Smart €5,000, Komfort/Premium up to the sum insured.
Gross negligence: from the Smart tariff, Allianz also pays in cases of gross negligence without reductions.
Cover outside the home: contents protected worldwide for 6 months outside the home. Valuables in a bank safe deposit box (from Komfort), sports equipment kept outside permanently (from Smart).
Internet protection: online payments (phishing/pharming) and other spying of access data up to €10,000 per claim. Buyer protection and data recovery covered.
All-risks cover (Premium only): any kind of damage regardless of cause, except war, intent and wear and tear.
Cost reimbursements:
- Hotel/overnight stay: up to the sum insured if the home is uninhabitable (max. 24 months)
- Extra return travel costs: travel costs if a holiday is cut short (from €1,000 claim amount)
- Clearing and disposal: up to the sum insured
- Moving costs: up to the sum insured if the home is permanently uninhabitable
Add-on modules:
- Extreme weather cover: flooding, landslides caused by heavy rain
- Bicycle cover: theft protection outside the home as well
- Glass cover: breakage protection for glazing and glass furniture
- Home emergency service: 24/7 help with burst pipes and lockouts (included from Komfort)
Home contents insurance: everyday examples
Water damage from a dishwasher: Laura starts the dishwasher before going to bed. The next morning she steps into a large puddle. The plinths swell, the laminate floor is soaked through, and a specialist firm is needed.
Burglary during a holiday: Family B. was away for two weeks in summer. Unknown offenders levered open the garden window. A television, laptop, pictures and silver cutlery were taken, and furniture was destroyed.
Flat fire caused by an electrical appliance: one evening Felix switches the television to stand-by. Heat builds up and a cable starts to smoulder. Most of his belongings are destroyed by fire and smoke, the flat is uninhabitable and hotel costs arise.
Storm damage with extreme weather cover: severe storm with heavy rain. The cellar of Family S. is flooded. With the natural hazards module, leisure sports equipment and inventory are replaced at new value.
Home contents insurance tariff comparison
Four tariff options:
- Basis: solid basic cover. Valuables up to 20% of the sum insured (max. €40,000). Damage up to €1,000.
- Smart: a clever option with extended cover. Valuables up to 30% of the sum insured (max. €60,000). Damage up to €5,000. Gross negligence included.
- Komfort (bestseller): extensive benefits. Valuables up to 40% of the sum insured (max. €100,000). Damage up to the sum insured. Home emergency service included.
- Premium: all-round cover with all-risks protection. Valuables up to 50% of the sum insured (max. €100,000). All add-on modules included.
