Insurance in Germany

Insurance play an important role in providing financial security for you and your loved ones. We will bring clarity to what you really need in Germany - the land of insurance.

Insurance in Germany In A Nutshell

Germany is often referred to as the land of insurance, as it boasts one of the highest insurance densities in the world. Germans take their financial security seriously, and therefore insurance plays a crucial role in their lives. On this site, we will give a quick overview of the most common and important types of insurance in Germany, excluding health insurance.

Firstly, household insurance is essential for Germans who want to protect their homes and belongings. This type of insurance covers damages caused by fire, water, burglary, and other unforeseen events. It provides financial security for homeowners and tenants alike and is mandatory for most rental contracts.

Disability insurance is another popular type of insurance in Germany. This insurance provides financial support to individuals who are unable to work due to a disability. It covers a portion of their lost income and helps them maintain their standard of living.

Legal insurance is also common in Germany, and it covers the costs associated with legal disputes. This includes legal representation, court fees, and other expenses. This type of insurance provides peace of mind to individuals who want to protect themselves against unexpected legal challenges.

Liability insurance is mandatory in Germany for all vehicle owners, but it’s also recommended for individuals in general, especially for people who own a property or have pets. This type of insurance covers damages caused by the policyholder to third parties. For example, if you accidentally break someone’s window, your liability insurance would cover the cost of repair.

Dog insurance is becoming increasingly popular in Germany, as more people own pets. This type of insurance covers the costs associated with veterinary care and damages caused by dogs. It provides financial security to pet owners and protects them against unexpected expenses.

Finally, term life insurance is a type of insurance that provides financial security to a policyholder’s beneficiaries in the event of their death. This insurance is typically taken out by individuals who have dependents or outstanding debts. It ensures that their loved ones are taken care of financially in the event of their untimely death.

Of course, there are many more insurances in Germany. However, these are the most important insurances that you should definitely consider at least once. Even if a risk does not always have to occur, it is always good to be covered in case it does.

In conclusion, insurance plays a significant role in the lives of Germans, and there are several types of insurance that are commonly used to provide financial security. From household and liability insurance to disability income and legal insurance, Germans prioritize their financial well-being through the use of these insurance policies.

Our latest insurance videos

Every week we publish at least one video on our PerFinEx YouTube channel on all topics related to personal finance in Germany. Below you’ll find our playlist that includes all videos on German insurance. That’s all you need to take your insurance game to the next level.

Our Insurance Blog Posts

In our blog, we provide comprehensive information about insurance, including but not limited to must-have insurance in Germany. We keep you up-to-date with the latest developments, misconceptions, mistakes, and modifications in the insurance system.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Our Insurance Blog Posts

In our blog, we provide comprehensive information about insurance, including but not limited to must-have insurance in Germany. We keep you up-to-date with the latest developments, misconceptions, mistakes, and modifications in the insurance system.

Find The Best Insurance For You With Our Calculators​

With our calculators, you have the possibility to easily and as quickly as possible conclude your desired insurance. Depending on the type of insurance you have the possibility to choose different providers and take them out immediately.

Best Liability
Insurance in Germany

Find the best liability insurance in Germany with the lowest premium.

Best Legal Insurance
in Germany

Find the best legal insurance in Germany with the lowest premium.

Best Household
Insurance in Germany

Find the best household insurance in Germany with the lowest premium.

Best Dog Insurance
in Germany

Find the best dog insurance in Germany with the lowest premium.

Best Term Life
Insurance in Germany

Find the best term life insurance in Germany with the lowest premium.

Best Device Insurance
in Germany

Find the best device insurance in Germany with the lowest premium.

Find The Best Insurance For You With Our Calculators​

With our calculators, you have the possibility to easily and as quickly as possible conclude your desired insurance. Depending on the type of insurance you have the possibility to choose different providers and take them out immediately.

Best Liability
Insurance in Germany

Find the best liability insurance in Germany with the lowest premium.

Best Legal Insurance
in Germany

Find the best legal insurance in Germany with the lowest premium.

Best Household
Insurance in Germany

Find the best household insurance in Germany with the lowest premium.

Best Term Life
Insurance in Germany

Find the best term life insurance in Germany with the lowest premium.

Best Device Insurance
in Germany

Find the best device insurance in Germany with the lowest premium.

Best Dog Insurance
in Germany

Find the best dog insurance in Germany with the lowest premium.

Are you looking for something specific?

Disability Insurance

Disability insurance is an important type of insurance that provides financial protection in the event of an unexpected illness or injury that leaves you unable to work. This insurance can help cover your living expenses, including your mortgage, rent, bills, and other expenses while you recover.

If you’re interested in learning more about disability income insurance and how it can benefit you, visit our page about disability income insurance in Germany. Here, you’ll find comprehensive information about disability income insurance, including what it is, how it works, and how to choose the right policy for your needs.

Disability income insurance in Germany

Our latest disability insurance videos

In our YouTube playlist, you will learn everything about disability insurance in Germany. We cover different policies, how to choose the right one, and tips on how to apply them. This playlist is a great resource to perfectly insure yourself against potential risks.

Our latest disability insurance blog posts

In our blog, we provide comprehensive information about disability insurance in Germany. We report on current events, misunderstandings, and changes in the field of disability income insurance and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Our latest disability insurance blog posts

In our blog, we provide comprehensive information about disability insurance in Germany. We report on current events, misunderstandings, and changes in the field of disability income insurance and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Learn More About Insurance in Germany On Social Media

Social media can be a valuable source of information when learning more about insurance in Germany. By following our accounts, you can get helpful tips, news, and resources related to insurance policies and regulations in Germany.

Household insurance

Household insurance is an important type of insurance that helps protect your home and personal belongings from unexpected events, such as theft, fire, or water damage. This insurance can provide financial protection for your home and its contents, as well as liability coverage in case someone is injured on your property.

If you’re interested in learning more about household insurance and how it can benefit you, continue on our page about household insurance. Here, you’ll find comprehensive information about household insurance, including what it covers, how it works, and how to choose the right policy for your needs.

Our latest household insurance videos

In our YouTube playlist, you will learn everything about household insurance in Germany. We cover different policies, how to choose the right one, and tips on how to apply them. This playlist is a great resource to perfectly insure your home and your personal belongings.

Our latest household insurance blog posts

In our blog, we provide comprehensive information about household insurance in Germany. We report on current events, misunderstandings, and changes in the field of household insurance and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Find the best possible household insurance in Germany.
Best Household Insurance In Germany

German household insurance will protect your household items against damages like fire, tap water, storm, or burglary. Find the best household insurance in Germany here.

Our latest household insurance blog posts

In our blog, we provide comprehensive information about household insurance in Germany. We report on current events, misunderstandings, and changes in the field of household insurance and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Find The Best Household Insurance For You With Our Calculators​​

With our calculators, you have the possibility to find the best household insurance in Germany for your individual situation as quickly and conveniently as possible and additionally, you can apply for the desired household insurance right away.

Best Household
Insurance in Germany

Find the best household insurance in Germany with the lowest premium.

How You Benefit From Working With PerFinEx

PerFinEx GmbH is registered as an independent financial advisor in all fields of personal finance: insurance, investments, and loans according to § 34 German trade regulations (Gewerbeordnung) & supervised by the German Chamber of Commerce and Industry (IHK).

Independent Advice

We are an independent financial advisor working with hundreds of different banks, insurance & pension companies.

No Additional Costs

We are paid in commissions that the German government regulates. Working with us comes at no extra cost for you.

Licensed & Regulated

We are licensed in all 3 different fields of personal finance and compliant with German financial laws & regulations.

Legal insurance

Legal insurance is an important type of insurance that can provide financial protection and peace of mind in the event of legal disputes. This insurance can help cover the costs of legal fees and expenses, as well as provide access to legal advice and representation.

If you’re interested in learning more about legal insurance and how it can benefit you, visit our page about legal insurance in Germany. Here, you’ll find comprehensive information about legal insurance, including what it covers, how it works, and how to choose the right policy for your needs.

Our latest legal insurance videos

In our YouTube playlist, you will learn everything about legal insurance in Germany. We cover different policies, how to choose the right one, and tips on how to apply them. This playlist is a great resource to perfectly insure yourself in case of a legal event.

Our latest legal insurance blog posts

In our blog, we provide comprehensive information about legal insurance in Germany. We report on current events, misunderstandings, and changes in the field of legal insurance and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Our latest legal insurance blog posts

In our blog, we provide comprehensive information about legal insurance in Germany. We report on current events, misunderstandings, and changes in the field of legal insurance and keep you up to date.

Find The Best Legal Insurance For You With Our Calculators​​

With our calculators, you have the possibility to find the best legal insurance in Germany for your individual situation as quickly and conveniently as possible and additionally, you can apply for the desired legal insurance right away.

Best Legal Insurance
in Germany

Find the best legal insurance in Germany with the lowest premium.

What Our Amazing Clients Say About Us

To gain insight into what it’s like to work with us, take a look at the feedback from our clients. Furthermore, you have the opportunity to provide us with your own review as simple as it gets with the button below.

Parth Sarthi PandeyParth Sarthi Pandey
14:50 07 Dec 22
It was wonderful working with PerFinEx. You get clear and honest advice and I had one of the most smooth experiences of buying any policy in Germany.
I've had a few calls with the folks from PerFinEx. I quickly built trust and started using their services. They present themselves as a key partner for your finances, specially when you are not from Germany.I'm looking forward to building a lasting business relationship with them. It's been such a great start.
Rajwinder SinghRajwinder Singh
16:28 12 Aug 22
Best Financial advisor for Expats! I am happy to collaborate you. Thanks for advising on how to maximize my financial gains. 🙂 I would totally recommend PerFinex to anybody looking to maximize their earnings.
Satwik ShenoySatwik Shenoy
09:55 20 Jun 22
PerFinEx for expats in Germany is a legit one-stop shop for all your insurance needs and financial planning. They managed to solve all my insurance problems in Germany in no time and their YouTube videos are super informative.Axel and Pascal were a pleasure to work with. I'd highly recommend you talk to them. Even if you already have your insurances, you could revisit your current situation and work on making them better and more efficient. The way he speaks clearly shows he is here to help.Wishing you all the very best and keep those videos coming!
Luis Alfonzo GonzálezLuis Alfonzo González
20:52 15 Mar 22
I first got in touch with Axel through his YouTube channel, then we arranged a meeting and he was super helpful and explained everything to me. I really value his patience and work ethic. I can recommend him for all expats living in Germany!
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Liability Insurance

Liability insurance is an essential type of insurance that protects you from financial losses in case you are found legally responsible for damages or injuries to others. This insurance can provide coverage for legal fees, court costs, and damages awarded to the injured party.

If you’re interested in learning more about liability insurance and how it can benefit you, continue on our page about liability insurance. Here, you’ll find comprehensive information about liability insurance, including what it covers, how it works, and how to choose the right policy for your needs. Whether you’re a business owner or a homeowner, liability insurance can provide crucial protection against unexpected events.

our latest liability insurance videos

In our YouTube playlist, you will learn everything about liability insurance in Germany. We cover different policies, how to choose the right one, and tips on how to apply them. This playlist is a great resource to perfectly insure yourself against potential third-party risks.

Our latest liability insurance blog posts

In our blog, we provide comprehensive information about legal insurance in Germany. We report on current events, misunderstandings, and changes in the field of legal insurance in Germany and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Liability Insurance
Best Liability Insurance In Germany

A private liability insurance will protect you against any third party claims. But which private liability insurance in Germany is the best for your personal situation? 🤔

Our latest liability insurance blog posts

In our blog, we provide comprehensive information about legal insurance in Germany. We report on current events, misunderstandings, and changes in the field of legal insurance in Germany and keep you up to date.

Feather got interviewed by PerFinEx
Important insurances in Germany

Interview with Julian Hennig (Head of Insurance - Feather) about the structure and future of German health insurance and important insurances in Germany.

Find The Best Liability Insurance For You With Our Calculators​​

With our calculators, you have the possibility to find the best liability insurance in Germany for your individual situation as quickly and conveniently as possible and additionally, you can apply for the desired liability insurance right away.

Best Liability
Insurance in Germany

Find the best liability insurance in Germany with the lowest premium.

Welcome to the land of insurance – Germany. Every German pays an average of 2219 euros a year for insurance. Let us help you find out which insurances are really important and which you really need.

FAQ about insurance in Germany

What insurance do I need in Germany?

Health insurance in Germany is mandatory. So, if you are planning to stay longer than three months in Germany, you must get a health insurance plan. Therefore, you can choose between private health insurance and public health insurance. All other types of insurance are voluntary. Some are recommended, while others are unnecessary. 

How does insurance work in Germany?

Every insurance company in Germany offers different plans that cost different amounts. These plans are effective in different situations and also with different levels of compensation. Only public health insurance includes the same benefits with the same costs for everyone. Our recommendation is to discuss your individual situation with an insurance expert. 

How do I get insurance in Germany?

Basically, you have three different options for health insurance in Germany. Either public health insurance, private health insurance, or public with private additives. For the first option, you can just fill in your data into a form. For the second and the third option, we recommend talking to an insurance expert, to get the best possible option for your individual situation.

What is the number 1 insurance company?

In terms of premium income, the top 5 best insurance companies in Germany are as followed (as of 2018):

  1. Allianz SE
  2. Munich Re
  3. Talanx AG
  4. Generali Germany AG
  5. R + V Versicherung AG

Book A Free Meeting With Us To Discuss Your Insurance​ Situation

Finding the most important and best insurance in Germany for you can be difficult – especially as an expat with limited German language skills. Secure a free meeting with us & our insurance experts will make choosing the best insurance as easy as possible.

Get In Touch With Us

Would you like to learn more about insurance in Germany or do you need help by setting up your insurance? Please feel free to send us a message and we will answer your questions as soon as possible.