A closer look at different cases
There are several options when moving: You move in with or away from a partner, you move into a shared apartment or a condominium. The following cases illustrate how the household insurance should be handled in each case:
- Moving in with the partner
A household only needs household insurance. This should then have the family cover, so that all family members are included in the insurance. Incidentally, this applies to household contents insurance as well as to liability insurance. If you want to keep your existing household contents insurance, it is sufficient to inform the insurance company that you are moving in with your partner and the old contract will be terminated or will be replaced by the new one. Important: When two people move in together, the value of the household effects usually increases, because everyone brings something from their household, and often all the pieces of furniture are retained because, after all, the new apartment is also larger and therefore no restrictions have to be made in terms of furniture. The sum insured should always correspond to the replacement value that has been calculated for the entire household contents.
- Moving into your own apartment
If you move into your first apartment, you have to take care of the contents insurance. Damage to the rental object, i.e. to the apartment itself, is covered by personal liability insurance, which can be integrated into the household contents insurance. It is important to analyze the entire household contents and determine how high the sum insured should be. Please avoid underinsurance!
- The partner moves out
If the partner moves out, household insurance should be checked. Family coverage is no longer necessary, at least if there are no other people living in the household. If the value of the household effects decreases when the person moves away, the insurance should be adjusted accordingly. This allows the premiums to be reduced, because overinsurance does not bring any advantages.
- Move to a shared apartment
Each flat share resident can take out individual insurance for his part of the household effects of the shared flat. However, this is usually more expensive than an overall policy for the entire apartment and the people who live there. However, it may be more practical because whoever moves out basically takes their share of the insurance with them. In the meantime, however, the insurers offer tailor-made products for household effects and private liability for shared apartments, which usually also include liability to roommates. This is where WG insurance differs from normal household contents and liability insurance.
Tip: You may still be covered by your parents' family insurance if you do not yet have your own income. Then their insurance also includes the household effects of the child living in a shared apartment.
- Move to the condominium
If you move to your condominium, your household contents insurance should also include broken glass so that, for example, windows or the glass ceramic stove are also insured. The furnishings that are firmly connected to the building (for example the fitted kitchen) must be covered by a mandatory building insurance, here household insurance alone is not sufficient.
Conclusion: Individual insurance protection after moving
The insurance cover for household items must be adjusted individually after moving. It is particularly advisable to check the insured values because it is easy to over- or under-insure after moving to another apartment.
