Home insurance or household contents insurance (Hausratversicherung) is necessary if you want to cover yourself for potential burglaries, damage, water issues, storm or robbery etc. This type of insurance covers mainly moveable property such as furniture, clothing, sports equipment and even potentially your kitchen.
Health insurance in Germany is one of the most essential insurances that should be completed after arriving in Germany. Most people in Germany have health insurance under the public health care system, as of 2015 there were 71 million people insured under this system. However there were 9 million people insured under the private health care system.
German law is very different to other countries because there is no limit to the level of damages a person could have to pay out if they are found to be responsible for an accident. This is why if you ask any German person they will almost certainly have private liability insurance. To put things into perspective, have you ever done any of the following, or think this could happen to you?
We recently highlighted how Germany is the best country for saving money due to the ease of switching utility providers, however in this post we highlight some of the problems in Germany. The hardest part about saving money in Germany is actually knowing how much internet, mobile, electricity etc costs. In this article we run through the main tactics used by companies and we show you our pricing tables which helps you compare these offers fairly.
You might find it hard to believe given that Germans love bureaucracy, however Germany is one of the best countries in the world for saving money. The key reason for this is that they make the switching process extremely simple and painless which helps remove the mental barrier for switching supplier and makes it easier for you to save money.